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sun microsystems

With an employee workforce of four, Sun Microsystems was incorporated in 1982 by Andreas Bechtolsheim, Vinod Khosla, Bill Joy, and Scott McNealy. Originally began for Stanford University Network, Sun Microsystems has been a global leader in innovating products, services and support solutions for constructing and maintaining network computer systems. The first system built by Sun, the Sun-1 was introduced in late 1982 and was a high performance, UNIX based computer constructed of inexpensive materials. Within a year of incorporation Sun was operating in Europe, and soon spread throughout the world.

From Sun's birth, there was always a corporate emphasis on the power of the internet and networking. A belief that the internet was the future was inherent in the corporate culture and was built into the company framework through the mission statement:

"We enable customers to create breakaway business strategies by using our network computing products, solutions and services.

In an age where information is power. Sun provides the technology, innovation and partnerships that enable individuals or entire organizations to access information . . . from anywhere . . . to anything . . . on any device . . . allowing use


Return on Assets 8.86% 9.09% -3.10 14.52% 11.85%

The selling, general, and administrative expenses have increased in dollar value but remain constant as a percentage of revenue. Some reasons for the increases in SG&A are attributed to its continuous improvement of internal business processes, increased marketing costs, and increased head count needed to meet rising demand. However, it is imperative that the investments in SG&A should not rise as a percent of revenue for the company to remain competitive. The purchased in-process R&D line on the income statement reflects the amount of write-offs associated from newly acquired companies.

T3 Consumer acceptance - Use cash to broaden - Just in Time

Sun's management will need to be very cautious of any unexpected changes in earnings. These changes could trigger an adverse affect on the current stock price and curb investor excitement in the company. This could have a negative consequence on the company's future operations. Management must always look at how the firm is valued from outside sources if it is to continue the goal of maximizing shareholder value.



Some common words found in the essay are:
Ratio Analysis, ROA ROI, Net Income, MISSION Sun's, Star Division, Future Predictions, Sun Microsystems, Weaknesses Sun, Expenses Cost, Silicon Graphics, annual report, sun microsystems, network computing, hewlett packard, star division, consumer acceptance, products services, network computing products, 1999 annual, current stock, cash flows, 1999 annual report, strong internet history, slow evolution java, utilize debt resources,
Approximate Word count = 3868
Approximate Pages = 15 (250 words per page double spaced)


  

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