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But We'll Make it up in Volume

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James Robertson

Posts: 29924
Nickname: jarober61
Registered: Jun, 2003

David Buck, Smalltalker at large
But We'll Make it up in Volume Posted: May 2, 2008 6:26 AM
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This post originated from an RSS feed registered with Agile Buzz by James Robertson.
Original Post: But We'll Make it up in Volume
Feed Title: Cincom Smalltalk Blog - Smalltalk with Rants
Feed URL: http://www.cincomsmalltalk.com/rssBlog/rssBlogView.xml
Feed Description: James Robertson comments on Cincom Smalltalk, the Smalltalk development community, and IT trends and issues in general.
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Spotted in Cafe au Lait Java News and Resources

Sun announced financial results for the third quarter of their fiscal year that ended in March, and they weren't pretty. Sun lost $34 million, 4 cents per share. Total revenue was $3.266 billion, down down half a percentage point from the same quarter last year.

I think Sun shareholders ought to start asking questions. Like, say - "WTF were you thinking, spending $1B on a database company with $60M in annual revenues and no profits?"

Questions like that might force Schwartz to stop yelling "open source" and start pondering an actual business model. I won't hold my breath though...

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