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SUN was once king as well...
by bitL 11y ago
SUN was once king as well...
- adventured 11y agoSun never had a billion daily user network effect protecting its kingdom. Sun never generated the kind of net income that Facebook already is after just a decade. Sun never had the pile of cash that Facebook has. In fact, Sun hardly had any barriers protecting its kingdom, which is why it imploded so quickly after its peak. In 1999 during the dotcom craze that bolstered Sun, they were generating about $300 million per quarter in profit. Inflation adjusted, Facebook is already four times larger, and they're growing extremely fast. Sun was more like DEC. They never had anything in common with Facebook's business position today.
- bitL 11y agoAt their heyday they were THE tech company (mind you, they were considering buying both Apple and Oracle at the same time).