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Open source profits, proprietary fails

[ 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

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