CNET News: RealNetworks' Loss is Microsoft's Gain
Oct 23, 2002, 19:00 (24 Talkback[s])
(Other stories by Paul Festa)
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"RealNetworks on Tuesday reported a third-quarter net loss that
nearly doubled what it lost in the same period a year ago and
warned that the fourth quarter would bring similar results.
"The quarter's loss came as worsening sales in the company's
server business eclipsed gains in its consumer business...
"[Aberdeen Group Research Director Michael] Hoch said that
growth in the consumer business, combined with the company's newly
announced project to develop its software in an open-source
environment called Helix, could help stimulate further revenue
growth to offset increased hemorrhaging to Microsoft..."