How to make a half-a-billion bucks with Linux
Mar 26, 2009, 23:01 (0 Talkback[s])
(Other stories by Steven J. Vaughan-Nichols)
WEBINAR:
On-Demand
How to Help Your Business Become an AI Early Adopter
[ Thanks to Steven J.
Vaughan-Nichols for this link. ]
"Red Hat reported its 4th quarter results last night,
March 25th. I quote: "Total revenue for the quarter was $166.2
million, an increase of 18% from the year ago quarter and 1% from
the prior quarter. Subscription revenue for the quarter was $139.4
million, up 14% year-over-year and 3% from the prior quarter. For
the full year, total revenue was $652.6 million, an increase of 25%
over the prior year, and subscription revenue was $541.2 million,
up 20% year-over-year."
"Anyone want to bet Red Hat's total revenue will top a billion
in 2011?"
Complete Story
Related Stories:
- Oracle doesn't need Red Hat. It needs Zend(Mar 25, 2009)
- Oracle is not buying Red Hat(Mar 24, 2009)
- Red Hat shares up on speculation of Oracle deal(Mar 24, 2009)
- Is Oracle Forking Red Hat Linux?(Mar 21, 2009)
- Risk report: Four years of Red Hat Enterprise Linux 4(Mar 11, 2009)
- Red Hat Lays Out Its Virtualization Play(Feb 24, 2009)
- Red Hat makes KVM its Linux virtualization of choice(Feb 24, 2009)
- Red Hat-Microsoft Agreement Not Malicious, But Was It Smart?(Feb 16, 2009)
- E-tailer dumps Windows for Red Hat(Feb 04, 2009)
