Business
Sun: Our quarter stunk; Oracle: We'll get our accretive earnings anyway
Sun Microsystems says its June quarter was horrible. Oracle contends that the Sun acquisition will be accretive to its operating profit---excluding all the bad stuff---in the first year after the deal closes.
Sun Microsystems says its June quarter was horrible. Oracle contends that the Sun acquisition will be accretive to its operating profit---excluding all the bad stuff---in the first year after the deal closes. And Oracle's purchase of Sun closes soon. Something has got to give.
And that something is likely to be Sun's hardware business---or at least parts of it.