Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Merrill Dims Sun Estimates

Merrill Lynch cut estimates on Sun Microsystem (SUNW).

Analyst Thomas Kraemer says after checking with U.S. and European sources, he cut the $3.995 billion Q1 revenue estimate to $3.7 billion, and trimmed the $0.04 EPS to $0.01. He notes the majority of cuts come from European estimates; U.S. checks suggest demand trends remain mixed. He says with the coming of Starcat, and new storage revenue next quarter, Kraemer thinks Q3 could be the toughest quarter for Sun unless there's another big leg down in demand. However, he says Sun expects to have an immediate advantage over EMC Corp. by being able to offer a single source of accountability. The company sees IBM as its longer term competitor.

Kraemer maintains his near-term and long-term accumulate rating.

blog comments powered by Disqus