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12.22.06

Oracle, Novell, Microsoft Cannot Defeat Red Hat

Posted in Finance, Marketing, Microsoft, Oracle, Red Hat at 3:00 am by Dr. Roy Schestowitz

Yesterday, the poor impact of Oracle on the Linux market was briefly mentioned. You may be pleased to know that Red Hat’s reports seem highly promising, despite the squeeze from Novell, Microsoft, and Oracle.

Red Hat Reports Third Quarter Fiscal Year 2007 Results

Thursday December 21, 4:00 pm ET

– Revenue up 45% year-over-year

– Operating profit up 44% from prior quarter

– Operating cash flow up more than 35% from prior quarter

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