Preliminary results for Q2FY2008

From the “Sun Microsystems Reports Preliminary Results for Second Quarter Fiscal Year 2008”-Press Release:

Sun expects to report revenues for the second quarter of fiscal 2008 of approximately $3.60 billion, an increase of approximately 1 percent as compared with $3.57 billion for the second quarter of fiscal 2007. Net bookings for the second quarter of fiscal 2008 were approximately $3.85 billion, an increase of approximately 7% year over year.
Total gross margin as a percent of revenues for the second quarter of fiscal 2008 is expected to be approximately 48%, an increase of approximately 3.0 percentage points as compared with the second quarter of fiscal 2007.
Net income for the second quarter of fiscal 2008 on a GAAP basis is expected to be in the range of $230 million to $265 million, or $0.28 to $0.32 per share on a diluted basis, as compared with net income of $133 million, or $0.15 per share, for the second quarter of fiscal 2007.

Looks very promising! 1 percent more revenue isn´t that much but an healthy sign. 7% more bookings are excellent and 3% more gross margin is great.