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Sun Microsystems, 2006 Timeline Saturday, April 21 Bookmark and Share     Author
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Schwartz appeared onstage at JavaOne  Sun Microsystems will eventually make the codes for Java completely available for free to software developers Sun to Cut Up to 5,000 Jobs
World News (12) USA (335) California (187) Bay Area (11) Silicon Valley (1608) Palo Alto (154) Sun (89) 2006
Business (11)
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CEO (301)   Sun Business Resignation   Palo Alto Business Resignation   Newark, 2006   Sun, 2006   U.S. in May, 2006 (79)
Sun seeks buyer for Newark site
Sun Loses $223M, Sees Sales Gain  Sun Microsystems Inc. saw its recent acquisitions boost revenue McNealy steps down as CEO

January 2006 ... more > Top ^

April 2006 ... more > Top ^
  Sun Microsystems' Scott McNealy replaced by Jonathan Schwartz, who had served as COO and president
 Scott McNealy, 51, is ending a long career as one of Silicon Valley's most colorful and controversial CEOs. McNealy will remain as chairman of the company he co-founded in 1982. Sun Microsystems has seen its share in the server market erode steadily

May 2006 ... more > Top ^
  Sun Microsystems is selling its Newark campus to slash costs and consolidate its Bay Area operations
  Sun Microsystems planned to reduce 37,500-person work force by 11% to 13% to return to consistent profitability
 The cuts, over the next six months, will cost from $340 million to $500 million over the next several quarters The plan includes selling real estate and exiting leases. It will save from $480 million to $590 million. Chief executive McNealy had argued against more drastic work force reductions

June 2006 ... more > Top ^
Jun.1 Shares Fall After Job Cuts Announced
  Sun Microsystems shares fell nearly 4% Jun.9 Sun has deal for its Newark site  Sun Microsystems has agreed to sell the campus for $215 million to BioMed Realty Trust Inc., an investment trust

July 2006 ... more > Top ^
Jul.12 Hybrid server unveiled
  Sun Microsystems introduced the Sun Fire x4500, code-named Thumper, that it hopes will be the machine of Web 2.0 Jul.25 Sun Microsystems Posts 4th-Quarter Loss  The restructuring, acquisition and stock-based compensation costs absorbed revenue that grew 29%

September 2006 ... more > Top ^
Sep.5 Sun reclaimed No. 3 spot in server market
  Sun Microsystems still has a long way to go to catch up with IBM and Hewlett-Packard

October 2006 ... more > Top ^
Oct.27 Sun posts loss but revenue up
  Sun Microsystems reported a narrower quarterly loss, boosted by a 17% jump in revenue

Earnings Main Event: McNealy steps down as C...
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1. 01-25 Sun Loses $223M, Sees Sales Gain Sun
04-24 McNealy steps down as CEO Sun
D. 05-12 Sun seeks buyer for Newark site Newark
E. 05-31 Sun to Cut Up to 5,000 Jobs Sun
5. 06-01 Shares Fall After Job Cuts Announced Sun
G. 06-09 Sun has deal for its Newark site Newark
H. 07-12 Hybrid server unveiled Sun
8. 07-25 Sun Microsystems Posts 4th-Quarter Loss Sun

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