Feeds

Morse taps out profit warning

What does this mean for Sun?

  • alert
  • submit to reddit

Morse, the leading midrange reseller, has issued a profit warning following an unexpected sales drop of 15 per cent in April.

The company has sprung into immediate action with a reorganisation of some units intended to save £5m a year.

Morse will take a charge of £1.5m to £2m in the current financial year ending June 30 to cover the re-org. It blames cancelled contracts and deferred orders for the sales fall.

Morse is among other things, Sun Microsystems' biggest reseller in Europe. So if Morse is suffering, and in the relatively buoyant economies of the UK and France, at does this mean for Sun? ®

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.