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Open source profits, proprietary fails

Sep 24, 2009, 18:06 (0 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)

[ Thanks to Steven J. Vaughan-Nichols for this link. ]

"Take Red Hat for example. In Red Hat's latest quarter, which ended on August 31st, the company reported higher than expected revenue and profits. "Profits minus one-time expenses and including a 4-cent per share tax benefit hit $39.4 million, or 20 cents per share, up more than 30 percent from 2008."

"It's not just Red Hat though. Novell recently reported a much more typical quarter for a tech. company in 2009. That is to say Novell also had a poor quarter. Except, for their Linux lines, that was a different story. There, Novell saw its Linux revenue go up 22% from the same quarter last year."

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