Vol 129 Issue 1 2008-11-08 Article 20840 from section "News"

Annual Report Now Available

In his letter to shareholders, which is part of Sun's 2008 Annual
Report, President and CEO Jonathan Schwartz announces an expanded
gross margin of 1.3 percentage points and an increase in operating
income of $63 million. He also notes an 8% jump in product and
services deferred revenue amounting to $2.9 billion. The year ended,
he notes, with an increase in cash flow from operations of $371
million for a total of $1.3 billion. Sun also bought back 151 million
shares of its stock for a reported $2.76 billion in the 2008 fiscal

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