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Saturday, May 19, 2012
 

$3 Billion Companies: Sun and GM

General
Author: Mark Dixon
Tuesday, December 9, 2008
8:28 am


The online Wall Street Journal showed these interesting statistics this morning:

Market Cap Cash from Operating Activities
(Last Quarter)
Sun Microsystems $2.8 billion $148 million
General Motors $3.0 billion ($9,661 million)

Here at Sun, we are often tempted to see the proverbial glass half-empty and draining fast. 

However, being part of a business that generates positive cash flow in a quarter when the financial markets collapse and the king of the automotive industry hemorrhages $10 billion in cash isn’t so bad.

Plus, it’s nice to know Jonathan isn’t in front of Congress with tin cup in hand.

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