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Last Updated: Wednesday, 24 January 2007, 07:46 GMT
Sun Microsystems back in profit
Exterior view of Sun Microsystems headquarters in Santa Clara
Sun has been cutting jobs to turn around the business
US computer firm Sun Microsystems has reported a return to profit, after five consecutive quarters of losses.

Demand for new products helped Sun post net profits of $126m (64m) in the October to December quarter, compared with a net loss of $223m a year ago.

The company has been implementing a major restructuring plan, which has seen it cut thousands of jobs.

Sun said stronger sales of servers using its Sparc microchips helped to boost its performance.

"The company had a very good quarter with the return to profitability," said Pacific Crest Securities analyst Brent Bracelin. "Clearly there is momentum with the new product upgrades."


SEE ALSO
Revamp costs hit Sun Micro profit
26 Jul 06 |  Business
Sun Micro to cut up to 5,000 jobs
31 May 06 |  Business
McNealy quits post as head of Sun
25 Apr 06 |  Business

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