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Sun Micro's Schwartz Reiterates Goal for 10% Profit Margin

By Ville Heiskanen

Sept. 5 (Bloomberg) -- Sun Microsystems Inc. Chief Executive Officer Jonathan Schwartz reiterated his goal for a 10 percent operating margin in fiscal 2009.

Schwartz made his comments in a meeting with investors in New York today. Sales this fiscal year will grow in the ``low to mid single digit'' range, the company said in presentation slides published on its Web site ahead of the meeting.

To contact the reporter on this story: Ville Heiskanen in New York at vheiskanen@bloomberg.net.

Last Updated: September 5, 2007 08:33 EDT

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