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Ottawa Citizen: Corel bets the shop on Linux

Jun 12, 2000, 12:46 (6 Talkback[s])
(Other stories by Bert Hill)

"Corel Corp. is pinning its hopes for survival on a fast market embrace of the new Linux line of products. But new research shows that U.S. retail demand for Corel's Linux products is still less than $500,000 monthly."

"Chief executive Michael Cowpland has predicted the company will sell $20 million worth of Linux products this year and that these products will grow to account for 50 per cent of company sales in future years."

"But so far the Linux product line has yet to generate the big sales Corel needs to replace rapidly declining older products and ease operating losses of about $20 million each quarter."

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