Java News from Tuesday, January 27, 2009

Sun has announced its results for the second quarter of its fiscal year (ended in December) and they're pretty dismal. They lost $209 million on a GAAP basis or $0.28 per share. Revenues was $3.220 billion, a 10.9 percent drop from the second quarter of fiscal 2008, though up 7.7 percent from the previous quarter. They still have three billion in the bank, which could last them a few years.