Open source profits, proprietary fails | Linux Today

Open source profits, proprietary fails

Written By
SJV
Steven J. Vaughan-Nichols
Sep 24, 2009

[ Thanks to Steven J.
Vaughan-Nichols
for this link. ]

“Take Red Hat for example. In Red Hat’s latest quarter,
which ended on August 31st, the company reported higher than
expected revenue and profits. “Profits minus one-time expenses and
including a 4-cent per share tax benefit hit $39.4 million, or 20
cents per share, up more than 30 percent from 2008.”

“It’s not just Red Hat though. Novell recently reported a much
more typical quarter for a tech. company in 2009. That is to say
Novell also had a poor quarter. Except, for their Linux lines, that
was a different story. There, Novell saw its Linux revenue go up
22% from the same quarter last year.”


Complete Story

SJV

Steven J. Vaughan-Nichols

Linux Today Logo

LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.