Yesterday we posted our second quarter results. It seems that we lost $209M, so I went to see my friend Lehman (he insists that he is not one of the brothers, but I'm not so sure now...), so he could explain to me what that meant. Apparently we sold much more than analysts expected, but we still lost money, because we had to include $222M due to 'restructuring expenses'. It is: severance payments.
The math is easy: 222 - 209 = 13. So, by not firing anyone, we could have spent $13M in advertising and we would have finished the quarter in break even (if not selling much more on account on the adverts). Funny. I then asked Lehman what was next, if we should start shooting in our own feet. He's thinking about it and will send me a memo as soon as possible.
Thursday, January 29, 2009
Wednesday, January 21, 2009
Obama counts on Sun
As you may already know, President Obama has asked me to prepare a paper on open source software for the new administration. Even the Brittons are aware of such amazing piece of news!
Heard that, Jonathan? He asked me, ME, to give advice, but worry not: the first point in my paper will be to open source the job of the first CIO of the history of the USA (we'll see if this is the way we can get rid of... I mean, that Jonathan will reach such a prominent post to serve our Country, although as you can read in the article from the BBC there are some people, wrong people, that believe this post is not useful).
Thanks to Computer Weekly, I really like the picture they used for their article. The one from the BBC is not bad either, but I like it most. It makes me younger...
Remember my words: "Open source does not require you to pay a penny to Microsoft or IBM or Oracle or any proprietary vendor any money." It is, you don't have to pay Microsoft, IBM or Oracle: you have to pay Sun, the only and truly Open Source Company! We will charge much less to the Government, and the company will be saved, so this is a win-win situation!
And when I say open source I mean Software (obviously) and hardware (see Jonathan's blog).
Being a Republican who supported Hillary, I'm really liking the new President. Live to tell!
Sun acquires Q-Layer
I know it is not precisely fresh news, but I have received a couple of questions about this recently.
Sun acquires Q-Layer, in a period where Jonathan has announced layoffs, we still make investments buying new companies. Might seem contradictory, so I asked Jonathan to stop the layoffs and read my blog to solve the situation at Sun, but you never know.
Anyhow, the most repeated question is how much did we spend buying this company, as in the press release it didn't say a number and only included a rather cryptic phrase: 'The terms of the deal were not disclosed as the transaction is not material to Sun'. Well, I find it pretty clear: the transaction is not material, is just spiritual to Sun. Like cloud computing: just a spirit, a ghost, a buzzword... (well, as soon as I learn what is cloud computing I'll be posting about it).
Sun acquires Q-Layer, in a period where Jonathan has announced layoffs, we still make investments buying new companies. Might seem contradictory, so I asked Jonathan to stop the layoffs and read my blog to solve the situation at Sun, but you never know.
Anyhow, the most repeated question is how much did we spend buying this company, as in the press release it didn't say a number and only included a rather cryptic phrase: 'The terms of the deal were not disclosed as the transaction is not material to Sun'. Well, I find it pretty clear: the transaction is not material, is just spiritual to Sun. Like cloud computing: just a spirit, a ghost, a buzzword... (well, as soon as I learn what is cloud computing I'll be posting about it).
Kennedy is back to the White House.
No, I'm not out of my mind. I know that Barack Obama is the new President of The United States, but after hearing his inaugural speech I had the feeling that he didn't said that we should 'not think about what our country can do for us, but think what we can do for our country' because it was already used. And seeing the expectation of this innauguration (even Ballmer is putting money for the parties!), somehow I have the feeling that Kennedy, or his spirit, is back to the USA.
I recognize that I was for Hillary and I think that we still have to see how he manages all the challenges in his presidency. Despite of that I confess I also have great expectations in Obama's term: I truly hope he will choose Jonathan as CIO of the USA... so we can get rid of him and stop the layoffs when I get back to manage Sun.
Mr. President, welcome to the Office, and good luck. You have a tremendous challenge in front of you, but you know you can count with the American People. And with me too.
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