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Novell Financial Results: Good News And Bad News for Linux

Dec 05, 2008, 15:03 (7 Talkback[s])

[ Thanks to The VAR Guy for this link. ]

"2. SUSE Linux Revenue: According to Novell’s press release, the company "reported $36 million of product revenue from Open Platform Solutions, of which $33 million was from Linux Platform Products, up 33% compared to the same period last year."

"The VAR Guy’s Spin: Mixed reaction. Thirty-three percent growth is impressive in a horrendous economy. But consider this: Novell says it generated $120 million for the year from Linux Platform Products. That's not much money within the overall IT industry, and it speaks to a broader industry problem: Open source companies are still struggling to monetize their code."

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