Sun announces loss
WinInfo | at | by Mike
And speaking of our favorite "anyone but Microsoft" company, Sun Microsystems posted an $88 million loss and a 20 percent drop in revenues for the quarter ending June 30. Unfortunately, Sun didn't have investments to blame; its products just aren't selling as they have historically. The company blames weak demand in Europe, the Dot Com crash, and general economic conditions for its problems. But I think we all know what the real problem is. Yup, you guessed it, Frank Stallone.