This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sun Rises in Server Sales

Sun Microsystems (SUNW) boosted its sales of corporate servers by double digits in the second quarter of the year at a time when the other leading server manufacturers experienced a slight decline in revenue.

According to industry research firm IDC, Sun's total server revenue reached $1.58 billion during the April-through-June time frame, up 15.5% from the same period a year ago.

The rising sales helped Sun regain its No. 3 rank in market share, which it had lost to Dell (DELL) during the past year.

Dell generated $1.27 billion in server revenue during the second quarter, down 0.5% year over year.

IBM (IBM - Get Report), the No.1 server company, had a 2.2% decline in sales, while Hewlett-Packard (HPQ - Get Report) sales were down 1.7%.

IDC research vice president Jean Bozman credited Sun's growth to its recently introduced line of x86 servers featuring the Advanced Micro Devices (AMD - Get Report) Opteron processor, as well as the company's installed base of RISC-based machines.

The IDC figures mark the second consecutive quarter of strong server growth for Sun, which is in the midst of company-wide reorganization under the helm of new CEO Jonathan Schwartz. In May, Schwartz announced that the company was laying off 5,000 employees.

Industrywide, IDC said server revenue grew a scant 0.6% during the second quarter to $12.3 billion, although unit shipments were up 8.3%.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DELL $0.00 0.00%
AMD $1.90 0.00%
IBM $124.07 0.00%
HPQ $9.19 0.00%
AAPL $94.99 0.00%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs