Tuesday, October 21, 2008
Oh, Sun’s “Preconfigured for the Downturn,” All Right …
“We are preconfigured for the downturn.” Sun CEO Jon Schwartz said that about a week ago. And it appears he was entirely correct. The econaclypse is weighing heavy on Sun Microsystems. It business sullied by the financial crisis, the company warned of a much larger-than-expected quarterly loss on lower revenue after market close Monday afternoon.




