ADVERTISEMENT
Sun Microsystems posts $147 m loss
Reuters
Last Updated IST

 
Sun, which is being acquired by the world’s number three software maker for $7 billion, posted a fourth quarter net loss of $147 million, in the fourth quarter as against a net profit of $88 million, in the year ago period.

It will post additional charges related to job cuts and facilities reductions over the next several quarters, the firm said.

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

ADVERTISEMENT
Read more
(Published 29 August 2009, 21:35 IST)