EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

02.26.09

Novell Results Are in: Net is Down Very Sharply (36%)

Posted in Finance, Microsoft, Mono, Novell, OpenSUSE, SLES/SLED at 5:52 pm by Dr. Roy Schestowitz

Sell Novell

FORECASTS [1] and waiting games [2] are both over. Novell’s latest results are in and they are no better than the last quarter’s (revealing that Novell operates at a considerable loss).

So first of all — let’s start with the good news. Novell employees needn’t worry about Ron, who received a $6.9 million compensation plan for his ‘wonderful’ achievements. It was similar two years ago.

But what are these achievements? Driving the company to this?

Novell Inc.’s (NOVL) fiscal first-quarter net income fell 36% on sharply lower interest income as invoicing fell short of expectations.

Here are the earnings figures:

For the first quarter, the company reported earnings of $10.7 million, or 3 cents a share, compared with $16.8 million, or 5 cents a share, in the year-ago period.

Revenue is down too:

Novell reported net revenue of $215 million, compared to $231 million previous year. Ten Wall Street analysts expected revenues of $229.95 million.

This pretty much confirms what we already know about the layoff because the company must explain to investors what it will do next. Novell has already laid off at least 25 SUSE-focused employees. They would have cost about 25 x $70,000 = $1.75m to keep per year. So they could, in principle, work for 4 years with a good wage at the expense of that “compensation” for Ron Hovsepian. How does it feel to be shafted by the very same management that sold out to Steve Ballmer, who is already busy suing Linux [1, 2]?

“Did they learn nothing from those FAT patents?”Meanwhile, elsewhere inside the company, Novell is making .NET more popular. Did they learn nothing from those FAT patents? Is Novell just another Microsoft department now? One that’s producing Windows software like NetWare and some Microsoft ‘plugins’ or Microsoft ‘addons’ for GNU/Linux (Mono, Moonlight)? For that task, Microsoft must be inside GNU/Linux, hence the alliance with Novell. They get to be inside SUSE, they have indirect membership in places like the Linux Foundation [1, 2, 3] and that’s just the tip of the iceberg. They gag critics that way. Even Red Hat must keep polite now.

As a side note, since everyone is talking about TomTom at the moment, it’s worth emphasising that this patent situation shows precisely what Microsoft might do with Mono and Moonlight and why it wants them inside GNU/Linux (Moonlight brings Mono with it to desktops like KDE). Novell increasingly focuses on Microsoft technologies. One of our readers said one hour ago that he tried “compiling mono from SVN on [his] gentoo box and it crashes with a sigsegv in the make process.”

The reader claims: “I go ask at #mono (on the gnome irc network) and miguel says ‘gentoo is eternally broken’.”

That’s nice. On the face of it, the only thing that’s “eternally broken” is Novell. And to quote other people, “Novell Is bleeding to death.”
____

[1] The Outlook

Computer maker Dell Inc., retailer Kohl’s and software developer Novell Inc. of Waltham report quarterly financial results.

[2] Dell, Gap, Kohl’s, Novell on earnings deck

Novell Inc., which provides open source software for businesses, is foreseen posting fiscal first-quarter earnings of 6 cents a share on revenue of $227.4 million. Its shares were up 1.2% at $3.34.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

22 Comments

  1. Myfraudsoft said,

    February 26, 2009 at 6:42 pm

    Gravatar

    Well of course, Gentoo is “eternally broken”. Any non-Ballnux distro is.

  2. Ghazan said,

    February 26, 2009 at 7:07 pm

    Gravatar

    You have been talking about big cuts at Novell coming this week, but nothing happened. Was your source, who you were so sure about, just wrong?

  3. Roy Schestowitz said,

    February 27, 2009 at 6:54 am

    Gravatar

    Novell could axe jobs on falling demand
    http://www.thewest.com.au/default.aspx?MenuId=3&ContentID=127140

  4. a said,

    February 27, 2009 at 7:21 am

    Gravatar

    Gentoo is broken because people who don’t understand the implications of applying a specific compiler option apply it anyway. It’s a known fact that GCC can break applications when aggressive optimisations are enabled. If users don’t understand this, it’s their fault and maybe their distros fault for not making this clear.

    There are many OS projects out there who won’t deal with gentoo related crashes for exactly this reason.

  5. Dan O'Brian said,

    February 27, 2009 at 7:33 am

    Gravatar

    Your friend Balrog also refused to take suggestions on how to get it to compile.

    Pretty dishonest overall, not that anyone expects any less of you and your trolls.

  6. Ian said,

    February 27, 2009 at 8:16 am

    Gravatar

    One that’s producing Windows software like NetWare

    I just tried to install Netware on windows. It didn’t work.

  7. Roy Schestowitz said,

    February 27, 2009 at 8:25 am

    Gravatar

    IPX/SPX, Windows drivers, etc.

  8. Balrog said,

    February 27, 2009 at 8:44 am

    Gravatar

    I was looking for suggestions in the first place (or I wouldn’t be there). I didn’t get any useful information overall; apparently no one knows / no one cares.
    Obviously, the Gentoo people blame Mono (I asked at #gentoo too) by saying it’s probably buggy code (it sure seems that way).

    All I got from #mono was that Gentoo was doing something weird, which after checking the ebuilds, wasn’t true, and the patches Gentoo applies are bugfixes that are already incorporated into trunk.
    Just my two cents. I want something that works, and if it doesn’t, there is a need to fix it.

  9. Ian said,

    February 27, 2009 at 8:56 am

    Gravatar

    IPX/SPX, Windows drivers, etc.

    IPX is basically dead. Novell isn’t a hardware company, so what drivers are they making? I don’t understand what you’re angling at?

  10. Roy Schestowitz said,

    February 27, 2009 at 9:15 am

    Gravatar

    Client side mostly.

    A lot of the networked environments they target are just enabling Windows clusters, at least based on my personal experience. “Windows software like NetWare” was a quickly-thrown-in phrase that I wrote in IRC and then passed over very sloppily for a blog where the key part was “Microsoft ‘plugins’ or Microsoft ‘addons’ for GNU/Linux.”

    Novell is still dependent on Microsoft and Windows. It complements the empire of an abuser. And that was the key point.

  11. Acai said,

    February 27, 2009 at 9:16 am

    Gravatar

    It’s a known fact that GCC can break applications when aggressive optimisations are enabled. If users don’t understand this, it’s their fault and maybe their distros fault for not making this clear.

  12. Ian said,

    February 27, 2009 at 9:18 am

    Gravatar

    You’re not wrong then. But you’re also ignoring the fact that almost all of their customers run Windows on the workstation. Are you advocating Novell stop support Windows? If Novell considered that at any point in the near future, they might as well just lock the doors and call it now.

  13. Roy Schestowitz said,

    February 27, 2009 at 9:23 am

    Gravatar

    It has always made Novell an odd bedmate for S.u.S.E.

  14. Ian said,

    February 27, 2009 at 10:03 am

    Gravatar

    When you think about it, not really. NetWare was a dead end without a major rebuild and lacked 3rd party support. Novell’s desktop strategy isn’t very clear, but their server strategy is, which explains Suse.

  15. Dan O'Brian said,

    February 27, 2009 at 10:17 am

    Gravatar

    Balrog: First off, it’s pretty dishonest of you to:

    1. complain when svn won’t build (svn, by its very nature, is in flux)
    2. not mention which revision on which branch you are even talking about
    3. not mention which gcc flags you used (for mono /and/ the rest of your system, e.g. glibc, etc)
    4. compiling software on gentoo is asking for problems. according to google, people have problems compiling KDE and the stability of KDE apps (and no doubt other apps) on Gentoo systems.

    Once again, purposely trying to fail – just like Roy’s other friend who purposely tried to fail to build Moonlight so that he had an excuse to fail. And… just like him, you chose to build from svn.

    Dishonest? Or just retarded?

    I’ll leave it as an exercise to the reader to decide.

    If you really want Mono or Moonlight, and you just *have* to compile your own instead of using packages, why not at least use released versions? Preferably source packages put together by your distro maintainers.

  16. Anonymous said,

    February 27, 2009 at 11:42 am

    Gravatar

    > Novell could axe jobs on falling demand

    You’re avoiding to answer Ghazan’s eligible questions. You have been touting imminent huge layoffs. So where are they? Or will you for once admit that your site is only about spreading FUD?

  17. Roy Schestowitz said,

    February 27, 2009 at 11:49 am

    Gravatar

    Be patient. My source was reliable.

  18. saulgoode said,

    February 27, 2009 at 11:52 am

    Gravatar

    If you really want Mono or Moonlight, and you just *have* to compile your own instead of using packages,…

    Isn’t that *required* if anything other than Microsoft’s proprietary codecs are to be used?

  19. Roy Schestowitz said,

    February 27, 2009 at 12:03 pm

    Gravatar

    ..Which would be wiser now that Microsoft is suing Linux and looking for infringements inside it (e.g. FAT)?

    See this article for details.

  20. Balrog said,

    February 27, 2009 at 12:48 pm

    Gravatar

    @Dan O’Brian:
    I was compiling from SVN to test out the new .NET 3 support and Silverlight 2.0 support. I’m not complaining about the build failing, but about their refusal to help and telling me to ask at #gentoo (where those people tell me it’s a bug in Mono).

    I have used release versions, and yes, the do work (fine in Gentoo, by the way), but that’s not the point here. SVN is there for testing, and if it doesn’t work, troubleshooting is necessary so the maintainer can fix the problems. Seems like this wasn’t the case in this situation.
    I used the ‘moon’ branch from SVN, latest rev. My gcc flags are quite standard (I’m using regular ‘make’ by the way).

    @saulgoode:
    Yes, you need to compile from source to use ffmpeg codecs, but not from SVN. (The ebuild for Moonlight in the gentoo portage tree doesn’t have an option for proprietary codecs, by the way.) Silverlight 1.0 support does NOT require Mono, so that makes it easier.
    But to test the new features that are supposed to be coming soon (basically .NET 3.0 support and Silverlight 2.0 support), you need SVN mono and SVN moonlight. I understand it may be broken, but dismissing the problem and blaming the distro people isn’t going to fix it.

  21. Gentoo User said,

    February 27, 2009 at 12:57 pm

    Gravatar

    Be patient. My source was reliable.

    That wouldn’t happen to be the same “source” you used here, would it?

    By the way,

    How does it feel to be shafted by the very same management that sold out to Steve Ballmer, who is already busy suing Linux

    Your callousness is appalling. It’s easy to sit there and pontificate like this to normal people who have nothing to do with your grievances when you don’t have a job to lose, a family to feed or apparently any other sort of responsibility beyond writing a blog and pretending you’re important, isn’t it?

  22. seller_liar said,

    February 28, 2009 at 8:19 am

    Gravatar

    Mono (and some other mono packages) from stable release fails a lot .Sometimes , Mono and mono packages does not detect the dependencies correctly (gtk-sharp, gtkhtml, ligdiplus and other monodevelop).

    Result : all autconf tests passes, but the app does not run.Or autconf does not find dependencies.(Mono packages does not use similar PATH)

    Monodevelop installs but does not run if some dependence have not found.The big problem is the monodevelop autconf runs 100% , but fail when try to run monodevelop

What Else is New


  1. Links 24/2/2017: Ubuntu 17.04 Beta, OpenBSD Foundation Nets $573,000 in Donations

    Links for the day



  2. IAM, Greased up by the EPO, Continues Lobbying by Shaming Tactics for the UPC, Under the Guise of 'News'

    The shrill and well-paid writers of IAM are still at it, promoting the Unitary Patent (UPC) at every opportunity and every turn



  3. Patent Scope Gone Awry: European Vegetable Patents Office?

    In its misguided race to raise so-called 'production', the EPO lost sight of its original goals and now facilitates patent royalty payments/taxation for naturally-recurring items of nature



  4. Yes, There is Definitely Brain Drain (Experience Deficit) at the European Patent Office and Stakeholders Feel It

    The direction that the European Patent Office has taken under Battistelli undoes many decades (almost half a century) of reputation-building and progress and naturally this repels existing staff, not to mention hampers recruitment efforts



  5. The Sickness of the EPO – Part IV: Cruel Management That Deliberately Attacks the Sick and the Weak

    The dysphoric reality at the European Patent Office, which is becoming like a large cell (with bolted-down windows) where people are controlled by fear and scapegoats are selected to perpetuate this atmosphere of terror and maintain demand (or workload) for the Investigative Stasi



  6. Links 23/2/2017: Qt 5.9 Alpha, First SHA1 Collision

    Links for the day



  7. UPC Roundup: War on the Appeal Boards, British Motion Against the UPC, Fröhlinger Recalled, and Fake News About Spain

    Taking stock of some of the latest attempts to shove the Unitary Patent (UPC) down Europe's throat, courtesy of Team Battistelli and Team UPC



  8. The Sickness of the EPO – Part III: Invalidity and Suicides

    An explanation of what drives a lot of EPO veterans to depression and sometimes even suicide



  9. The Appeal Board (PTAB) and Federal Circuit (CAFC) Maintain Good Pace of Patent Elimination Where Scope Was Exceeded

    The Court of Appeals for the Federal Circuit (CAFC) continues to accept about 4 out of 5 decisions of the Patent Trial and Appeal Board (PTAB) and the US Supreme Court (SCOTUS) refuses to intervene



  10. Software Patents Are Ebbing Away, But the “Swamp” Fights Back and Hijacks the Word “Fix”

    The club of patent maximalists, or those who profit from excess prosecution and legal chaos, isn't liking what has happened in the United States and it wants everything reversed



  11. Report From Yesterday's Debate About the European Patent Office (EPO) at the Bavarian Landtag

    A report of the EPO debate which took place at the Bavarian Landtag yesterday (21/2/2017)



  12. Links 22/2/2017: Wine-Staging 2.2, Nautilus 3.24

    Links for the day



  13. French Politician Richard Yung Tells the Government About Abuses at the European Patent Office (EPO)

    The subject of EPO scandals has once again landed in French politics, just a couple of months since it last happened



  14. The Sickness of the EPO – Part II: Background Information and Insights

    With a privatised, in-house (sometimes outsourced and for-profit) force for surveillance, policing, justice, public relations and now medical assessment (mere vassals or marionettes of the management) the EPO serves to show that it has become indistinguishable from North Korea, where the Supreme Leader gets to control every single aspect (absolutely no separation of powers)



  15. EPO Cartoon/Caricature by KrewinkelKrijst

    A new rendition by Dutch cartoonist and illustrator KrewinkelKrijst



  16. Inverting Narratives: IAM 'Magazine' Paints Massive Patent Bully Microsoft (Preying on the Weak) as a Defender of the Powerless

    Selective coverage and deliberate misinterpretation of Microsoft's tactics (patent settlement under threat, disguised as "pre-installation of some of the US company’s software products") as seen in IAM almost every week these days



  17. The Sickness of the EPO – Part I: Motivation for New Series of Articles

    An introduction or prelude to a long series of upcoming posts, whose purpose is to show governance by coercion, pressure, retribution and tribalism rather than professional relationship between human beings at the European Patent Office (EPO)



  18. Insensitivity at the EPO’s Management – Part VII: EPO Hypocrisy on Cancer and Lack of Feedback to and From ECPC

    The European Cancer Patient Coalition (ECPC), which calls itself "the largest European cancer patients' umbrella organisation," fails to fulfill its duties, says a source of ours, and the EPO makes things even worse



  19. Links 21/2/2017: KDE Plasma 5.9.2 in Chakra GNU/Linux, pfSense 2.3.3

    Links for the day



  20. EPO Caricature: Battistelli's Wall

    Battistelli's solution to everything at the EPO is exclusion and barriers



  21. The 'New' Microsoft is Still Acting Like a Dangerous Cult in an Effort to Hijack and/or Undermine All Free/Open Source Software

    In an effort to combat any large deployment of non-Microsoft software, the company goes personal and attempts to overthrow even management that is not receptive to Microsoft's agenda



  22. PTAB Petitioned to Help Against Patent Troll InfoGation Corp., Which Goes After Linux/Android OEMs in China

    A new example of software patents against Free software, or trolls against companies that are distributing freedom-respecting software from a country where these patents are not even potent (they don't exist there)



  23. Links 20/2/2017: Linux 4.10, LineageOS Milestone

    Links for the day



  24. No, Doing Mathematical Operations on a Processor Does Not Make Algorithms Patent-Eligible

    Old and familiar tricks -- a method for tricking examiners into the idea that algorithms are actual machines -- are being peddled by Watchtroll again



  25. Paid-for UPC Proponent, IAM 'Magazine', Debunked on UPC Again

    The impact of the corrupted (by EPO money) media goes further than one might expect and even 'borrows' out-of-date news in order to promote the UPC



  26. Lack of Justice in and Around the EPO Drawing Scrutiny

    The status of the EPO as an entity above the law (in Germany, the Netherlands, Switzerland and so on) is becoming the subject of press reports and staff is leaving in large numbers



  27. Links 19/2/2017: GParted 0.28.1, LibreOffice Donations Record

    Links for the day



  28. The EPO is Becoming an Embarrassment to Europe and a Growing Threat to the European Union

    The increasingly pathetic moves by Battistelli and the ever-declining image/status of the EPO (only 0% of polled stakeholders approve Battistelli's management) is causing damage to the reputation of the European Union, even if the EPO is not a European Union organ but an international one



  29. Patent Misconceptions Promoted by the Patent Meta-Industry

    Cherry-picking one's way into the perception of patent eligibility for software and the misguided belief that without patents there will be no innovation



  30. As the United States Shuts Its Door on Low-Quality Patents the Patent Trolls Move to Asia

    Disintegration of Intellectual Ventures (further shrinkage after losing software patents at CAFC), China's massive patent bubble, and Singapore's implicit invitation/facilitation of patent trolls (bubble economy)


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts