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individualinvestor.com: Corel Beats Expectations or Did It?

[ Thanks to Brian
Rafferty
for this link. ]

“The only thing predictable about Corel is that it’s completely
unpredictable….”

“One bright spot was that sales of the new Corel Linux Operating
System (OS) totaled $3.2 million despite only being in stores for
about three weeks of the quarter. Management noted that about $1
million was spent on R&D and less than $1 million on other
costs, so the OS is already making money….”

“If we extrapolate the Linux results over a longer period, $10
million to $12 million in Linux related revenue per quarter isn’t
out of the question. Holding other factors constant, this would
put Linux at close to 20% of overall revenue.


Complete Story

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