CNET News: RealNetworks' Loss is Microsoft's Gain | Linux Today

CNET News: RealNetworks’ Loss is Microsoft’s Gain

Written By
Web Webster
Web Webster
Oct 23, 2002

“RealNetworks on Tuesday reported a third-quarter net loss that
nearly doubled what it lost in the same period a year ago and
warned that the fourth quarter would bring similar results.

“The quarter’s loss came as worsening sales in the company’s
server business eclipsed gains in its consumer business…

“[Aberdeen Group Research Director Michael] Hoch said that
growth in the consumer business, combined with the company’s newly
announced project to develop its software in an open-source
environment called Helix, could help stimulate further revenue
growth to offset increased hemorrhaging to Microsoft…”

Complete
Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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