Novell sees decline in revenues and profits

"Linux distributor Novell's revenues were $199 million (£129 million) in the third quarter of its financial year, $17 million less than in the same quarter last year. According to the company's press release, net profit declined from $17million to $16 million.

"Revenue from the Security, Management and Operating Platforms division, which includes the Linux business, fell from $110 million to $108 million"

Complete Story

Related Stories:

• Novell and Markus Rex: Reinventing An Empire(Aug 19, 2010)
• Novell Expands Cloud Computing Linux to Amazon(Aug 13, 2010)
• Novell takes SUSE Linux to the cloud with Amazon(Aug 11, 2010)
• Novell opens Linux appliance gallery(Jul 28, 2010)
• Novell openSUSE 11.3 Linux OS Gets Btrfs, New Kernel(Jul 16, 2010)