• Post Reply Bookmark Topic Watch Topic
  • New Topic
programming forums Java Mobile Certification Databases Caching Books Engineering Micro Controllers OS Languages Paradigms IDEs Build Tools Frameworks Application Servers Open Source This Site Careers Other all forums
this forum made possible by our volunteer staff, including ...
Marshals:
  • Campbell Ritchie
  • Bear Bibeault
  • Ron McLeod
  • Jeanne Boyarsky
  • Paul Clapham
Sheriffs:
  • Tim Cooke
  • Liutauras Vilda
  • Junilu Lacar
Saloon Keepers:
  • Tim Moores
  • Stephan van Hulst
  • Tim Holloway
  • fred rosenberger
  • salvin francis
Bartenders:
  • Piet Souris
  • Frits Walraven
  • Carey Brown

NcNealy steps down...

 
Ranch Hand
Posts: 1780
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
I don't know where else to post this (wasn't there once a "Java in the news forum"?), but I just heard about the CEO of Sun stepping down:

NcNealy steps down at Sun

Could this have any impact on Java? Should I start learning .NET?
 
Bartender
Posts: 6663
5
MyEclipse IDE Firefox Browser Linux
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Naw ! He is still with Sun anywho. I dont see why this should affect java's growth.
 
Bartender
Posts: 1061
19
Mac OS X IntelliJ IDE Oracle Spring VI Editor Tomcat Server Redhat Java Linux
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
and also four other employees have left: John Crupi, Deepak Alur, Dan Malks, and Yiheng Shi. They all joined JackBe. Sun Exodus
 
author and iconoclast
Posts: 24203
43
Mac OS X Eclipse IDE Chrome
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Household names all :roll:
 
Ranch Hand
Posts: 279
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
I was suprised to know that Sun is running at a loss, that too a massive $217 million loss
 
Ranch Hand
Posts: 464
Ubuntu
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator

Originally posted by Anjali S Sharma:
I was suprised to know that Sun is running at a loss, that too a massive $217 million loss



me too surprized to know that
 
Deepak Bala
Bartender
Posts: 6663
5
MyEclipse IDE Firefox Browser Linux
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
Where is the source to that info ?
 
Anjali S Sharma
Ranch Hand
Posts: 279
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator

Originally posted by John Meyers:
Where is the source to that info ?



Go to
http://70.86.150.130/indianexpress/Default.aspx

This a link for indian express(free registration is required). Then click on the P11-Business link in the left hand navigation.
[ April 26, 2006: Message edited by: Anjali S Sharma ]
 
Jeff Albertson
Ranch Hand
Posts: 1780
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
I'm not familiar with the indian express, but you may have heard of the New York Times: Times article

In it, I found this interesting:

Mr. Schwartz [the new chief executive] contends that Java is the No. 1 driver of growth at Sun, ahead of Solaris, its operating system for corporate computers. "More teenagers recognize Java than they do Microsoft, because that is what they have in their pocket on their cellphone,"
 
Ranch Hand
Posts: 390
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator

Originally posted by Anjali S Sharma:
I was suprised to know that Sun is running at a loss, that too a massive $217 million loss



$217 million isn't massive for a company as big as Sun
 
Ranch Hand
Posts: 961
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
According to CNet news revenue increased, as it was expected after the acquisition of StorageTek, however there have been losses. Anyway, as far as I can seen the stock price has kept between 4 and 5 dollars for a while.

As far as I understand, the guy is not actully leaving. He's been in the company quite a long time, and now he is stepping aside to give a chance to Schwartz. But, the guy will keep in the company.

Whatever the case, this companies are so incredibly big, that I wouldn't worry for a change like this. If something I have discovered so far, it is that nobody is indispensable.
 
High Plains Drifter
Posts: 7289
Netbeans IDE VI Editor
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
A $217 million loss for a company with $4 billion in cash reserves alone is not scary news. Disappointing, of course, but not scary. Imagine losing 5% of your savings account. You wouldn't like it, but you wouldn't freak out, either.
 
Ranch Hand
Posts: 104
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator
May be they can revert their opensource policy for some time and release licenced version of all JDK's. )
 
Ranch Hand
Posts: 2937
  • Mark post as helpful
  • send pies
  • Quote
  • Report post to moderator

Originally posted by Michael Ernest:
A $217 million loss for a company with $4 billion in cash reserves alone is not scary news. Disappointing, of course, but not scary. Imagine losing 5% of your savings account. You wouldn't like it, but you wouldn't freak out, either.



The $217 mil is a quarterly loss. At this rate, the company would lose $868 mil in a year. What's worse, Sun has not made a penny in profit since 2001. The analysts do predict a 1 cent per share profit in 2007, but even if that happens the stock is still way overpriced at P/E ratio of 498 (todays price of $4.98 divided by the expected 1 cent profit).
 
Consider Paul's rocket mass heater.
    Bookmark Topic Watch Topic
  • New Topic