Novell Financial Results: Good News And Bad News for Linux | Linux Today

Novell Financial Results: Good News And Bad News for Linux

Written By
Web Webster
Web Webster
Dec 5, 2008

[ Thanks to The
VAR Guy
for this link. ]

“2. SUSE Linux Revenue: According to Novell’s
press release, the company “reported $36 million of product revenue
from Open Platform Solutions, of which $33 million was from Linux
Platform Products, up 33% compared to the same period last year.”

“The VAR Guy’s Spin: Mixed reaction. Thirty-three percent
growth is impressive in a horrendous economy. But consider this:
Novell says it generated $120 million for the year from Linux
Platform Products. That’s not much money within the overall IT
industry, and it speaks to a broader industry problem: Open source
companies are still struggling to monetize their code.”


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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