Sun reports record revenues for third quarter

Sun has reported record revenues of US$2.1 billion for its third fiscal 1997 quarter, which ended on March 30, up by 15% on the same period last year.

Sun has reported record revenues of US$2.1 billion for its third fiscal 1997 quarter, which ended on March 30, up by 15% on the same period last year.

Net income, meanwhile, reached $223.5 million, up from $143.3 million for the same period in 1996.

For the first nine months of fiscal 1997, Sun posted a net income of US$525.2 million on revenues of US$6.06 billion, up from the previous year's US$354.1 million and US$5.08 billion, respectively.

"Sun's unrelenting focus and investments in SPARC, Solaris and Java platforms are paying off big time," says Scott McNealy, Sun's president, chairman and CEO. "Sun is now a force to be reckoned with as the high performance, safe and scalable alternative to the Wintel PC model."

Sun is on the World Wide Web at http://www.sun.com/.

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