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S&P puts Sun on credit watch

Headshot of Stephen Shankland
Headshot of Stephen Shankland
Stephen Shankland Former Principal Writer
Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
Expertise Processors | Semiconductors | Web browsers | Quantum computing | Supercomputers | AI | 3D printing | Drones | Computer science | Physics | Programming | Materials science | USB | UWB | Android | Digital photography | Science Credentials
  • Shankland covered the tech industry for more than 25 years and was a science writer for five years before that. He has deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and more.
Stephen Shankland
Standard & Poor's put Sun Microsystems on a credit rating caution list called CreditWatch Friday, citing concerns about the company's costs and . "The CreditWatch listing reflects Standard & Poor's concerns about Sun's cost structure and ability to improve profitability, as well as uncertainty about the level and timing of a recovery in information technology spending and increasing market acceptance of lower-cost Windows and Linux systems," S&P credit analyst Martha Toll-Reed said in a statement.

S&P currently rates Sun's credit as "BBB." Its analysts will discuss finances with Sun managers as well as review IT spending trends before deciding the next steps in its credit rating, S&P said.