There are only two kinds of storage devices - those that have failed, and those that are about to fail. That's the view most datacenters have about the traditionally mechanical devices pejoratively referred to as "spinning rust." All disk drives fail, cheap drives fail faster.

If the average time to fail is five years, you and your laptop can make do with the occasional backup. But when an average enterprise has 100, or 1,000, or increasingly 10,000 or 100,000 individual disk drives, failure is a daily, if not hourly occurrence. Mechanical devices fail.

And with failure comes the potential for losing data - using commodity disks to save your boss $500,000 does her no good if she's fined $50,000,000 for violating data retention regulations. Stock transactions, medical images or feature length movies - take your pick, some data has to be perfect. Not a decimal point or pixel out of place.

That's exactly why, years …

De facto standards are the only ones that matter.

That's a bit of a truism in the technology world - well intentioned standards bodies and departments of justice can do their best, but at the end of the day, volume deployment is the only setter of standards. Ubiquity trumps policy, just about every time.

To that point, I was on a panel recently, discussing the impact of technology on the world's more rapidly developing economies (what's often referred to as "BRICA," or Brazil, Russia, India, China and Africa).

One of the speakers referenced an interesting shift in the traditional media industry: western companies were turning their attention toward the developing world. GDP growth wasn't drawing their attention - as much as demographics. Teenagers and those in their early twenties represent the biggest media buyers in …

JavaOne wrapped up on Friday. We hosted individuals from across the globe, and from every industry: consumer electronics and gaming, to enterprise IT, space exploration, factory automation, the automotive industry, academia - like the network itself, Java delivers something for nearly everyone, everywhere.

This year's biggest announcements centered around Java's role in the future of rich internet applications (or RIA's). What's a rich internet application? It depends on your perspective - from mine, it's any network connected application that persists in front of a user, typically outside a browser, that can operate when disconnected from the network.

On the one hand, I'd claim Java's always been a RIA platform - before the world really wanted one. Early Java applets delivered interactivity, but at the expense of development complexity and, in the early days, performance - when a browser, and more recently Javascript, would …

We made some big announcements this week at our annual developer forums, CommunityOne and JavaOne. I thought I'd highlight a couple in particular.

We announced the first commercial release of OpenSolaris - targeting high speed developers and development teams (not consumers...). OpenSolaris focuses on developers wanting to be freed from proprietary software models, who see innovation and automation in operating systems as a source of competitive advantage.

If Solaris 10, OpenSolaris's older brother, is for IT departments prioritizing carrier grade stability over rapid innovation, OpenSolaris targets the exact opposite - developers, from high performance computing to social networking, that prioritize a constantly refreshing repository filled with community innovations (and ZFS-based automated rollback) over an unchanging qualification …

We announced the results of our third fiscal quarter (Q3) on Thursday last week, and the results weren't what I, or any of us, wanted.

As you can read in the press release, we delivered $3.267 billion in revenue for Q3, roughly flat with a year ago. On that revenue, we delivered a GAAP loss of 4 cents (equal to the charge associated with the acquisition of MySQL, which closed within the quarter) - on that revenue, we generated around $320m in cash.

The low light of the quarter was revenue in the US - which declined year over year by nearly 10%, a big step down for a geography that typically contributes 40% of our total revenue. The highlight of the quarter was our India performance, up 30% year over year - and our chip multi-threading Niagara systems, which grew (billings) 110%.

We had growth in 12 of 16 geographies …

Today is the opening day of the MySQL User Conference - so I thought I'd describe a recent customer interaction related to the acquisition.

A few weeks ago, I was visiting the Chief Information Officer of a large commercial institution. He had with him the company's Chief Technology Officer, Chief Information Security Officer (known as the "see-so"), and a series of lieutenants from various parts of their (large) development organization.

The Sun team had spent the day reviewing our progress together, and was finishing up with a product roadmap presentation. From what I sensed, it'd been a good day, so when I arrived, it was mostly to say thanks for the business, and ensure everyone had my contact info in the event I could help out going forward.

We had just closed the acquisition of …

We made a very significant announcement last week, of a collaboration with one of the most (if not the most) security sensitive institutions on earth, the United States government's National Security Agency. They've joined the burgeoning OpenSolaris community, to collaborate with Sun and other community members on the future of ultra-secure operating systems.

To put this in context, community engagement has always been one of the most important ways Sun innovates in the marketplace - we partner with those that have extreme demands (whether it's the world's largest supercomputing facility, or the world's most paranoid security professionals (no offense intended), or the world's largest archival storage facilities), and then we leverage that expertise to create products for the mass market. We let extreme customers teach …

Today, Sun announced we've closed the acquisition of MySQL - MySQL is now officially a part of Sun! From a dinner meeting back in late November, through some introspection from MySQL's CEO, to a closing today in late February - everyone involved showed a great sense of pace, urgency and excitement. And now, it's off to the races!

Since the announcement, I've seen and heard near universal support for the relationship - most everyone wants to know where we're headed, so here's a quick overview of our initial plans.

Starting today, we're rolling out global programs to raise awareness and adoption of MySQL among more established enterprises - you'll see ads like this (to the right) targeting institutions and independent software/service vendors (ISV's) looking to …

Last week, we held a conference for leading financial and industry analysts from around the world. My keynote presentation is below - broken into two parts for ease of viewing. One analyst remarked, "but this is pretty much what you said last year."

I responded with, "That's the point."

If you'd like more specifics on our financial performance (directly from Mike Lehman, our CFO), views from the marketplace (from Don Grantham, our Global Sales and Services) or specific product roadmaps (from the heads of our Systems or Software businesses), just click here...)

Please read the luculent Safe Harbor Statement at the bottom of this page....

We released our official earnings on Thursday last week, after pre-announcing the news one week prior alongside the announcement of our intent to acquire MySQL.

Our second quarter financial announcement came down to this: we doubled our profitability compared to a year ago, with $260 million in net income on revenues of $3.6 billion, while generating $336 million in cash from operations. We also repurchased $750 million of our own shares within the quarter, and reaffirmed our guidance for the full year of low to mid …