Editing Sun Microsystems (section)

=== Dot-com bubble and aftermath===
During the [[dot-com bubble]], Sun began making more money, with its stock rising as high as $250 per share.<ref>{{cite web| title=Sun Microsystems' Rise And Fall |url=https://www.forbes.com/2009/03/18/sun-microsystems-internet-technology-enterprise-tech-sun-microsystems.html| website=Forbes |access-date=27 December 2021}}</ref> It also began spending much more, hiring workers and building itself out. Some of this was because of genuine demand, but much was from web start-up companies anticipating business that would never happen. In 2000, the bubble burst.<ref>{{cite web |title=The $1.7 trillion dot.com lesson |url=https://money.cnn.com/2000/11/09/technology/overview/ |website=CNN |access-date=13 February 2020}}</ref> Sales in Sun's important hardware division went into free-fall as customers closed shop and auctioned high-end servers.

Several quarters of steep losses led to executive departures, rounds of layoffs,<ref>{{cite web|title=Sun to lay off 1,000 |url=http://news.cnet.com/Sun+to+lay+off+1,000/2100-1022_3-5078493.html |access-date=July 13, 2007 |date=September 18, 2003 |work=[[CNET News]] |first=Stephen |last=Shankland |archive-url=https://archive.today/20120711071052/http://news.cnet.com/Sun-to-lay-off-1,000/2100-1022_3-5078493.html |archive-date=July 11, 2012 |url-status=dead }}</ref><ref>{{cite web| access-date=July 13, 2007| date=June 24, 2005| url=https://www.theregister.co.uk/2005/06/24/sun_layoffs_2006/| title=Sun layoffs hit hundreds in US|first=Ashlee| last=Vance| work=The Register}}</ref><ref>{{cite news| url=http://news.zdnet.com/2100-1009_22-6058894.html| date= April 7, 2006 |access-date=July 13, 2007|title=Sun layoffs hit high-end server group| work=[[ZDNet]]| first=Stephen| last=Shankland| archive-url = https://web.archive.org/web/20070210194319/http://news.zdnet.com/2100-1009_22-6058894.html| archive-date = February 10, 2007}}</ref> and other cost cutting. In December 2001, the stock fell to the 1998, pre-bubble level of about $100. It continued to fall, faster than many other technology companies. A year later, it had reached below $10 (a tenth of what it was in 1990), but it eventually bounced back to $20. In mid-2004, Sun closed their [[Newark, California]], factory and consolidated all manufacturing to Hillsboro, Oregon and Linlithgow, Scotland.<ref>{{cite news| url=http://www.bizjournals.com/portland/stories/2004/01/12/daily49.html |date=January 16, 2004 |access-date=July 14, 2007|title=Sun to add jobs in Hillsboro | work=[[American City Business Journals|Portland Business Journal]] |archive-url=https://web.archive.org/web/20050905185327/http://www.bizjournals.com/portland/stories/2004/01/12/daily49.html | archive-date=2005-09-05 | url-status=live |url-access=limited}}</ref> In 2006, the rest of the Newark campus was put on the market.<ref>{{cite news |url= http://sanjose.bizjournals.com/sanjose/stories/2006/05/08/daily55.html |date= May 11, 2006 |access-date=June 14, 2011 |title=Sun to sell Newark campus, move 2,300 workers |work=San Jose Business Journal |first=Sharon |last=Simonson |archive-url=https://web.archive.org/web/20110622032553/https://www.bizjournals.com/sanjose/stories/2006/05/08/daily55.html |archive-date=2011-06-22 |url-status=live |url-access=limited}}</ref>