Java News from Wednesday, August 6, 2008

Sun has announced its results for the fourth quarter of its fiscal year (ended in June). They aren't great but they did turn a profit of $88 million/11 cents a share, in the quarter. This is down from $329 million/36 cents a share in the same quarter last year. Sales were $3.78 billion, down from $3.84 billion in the year ago quarter. Sun also announced a one billion dollar stock buyback program.