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

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
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?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.