Analysts did not like Sun Microsystems Inc’s second quarter figures (page seven) at all, and were downgrading their opinions on the company right, left and centre yesterday, causing the shares to slip 75 cents to $38.50: the company noted that during the quarter it exceeded a billion dollars of revenue, bookings, and cash all in the same quarter for the first time, and said it felt confident that most of the transition issues that hampered it in the first half of the fiscal year are behind it as it enters calendar 1993; the company says the Sparcstation 10 is the most successful new product family in Sun’s history, contributing to an overall 21% unit growth over last year – by the end of the quarter, over 28,000 of the things had shipped, including more than 1,500 high-end Model 41s; the installed base began to upgrade to Solaris 2, with 130,000 licences going out in the quarter.
