Bonum Certa Men Certa

It's Red Hat's Day Again

Ron Hovsepian and Steve Ballmer with red hats



Summary: Red Hat continues to demonstrate that Free software as a business model most certainly works

RED Hat continues to impress by reporting a climb in profits, whereas Novell's Community Specialist uses some form humour to steer away from the reality that Novell may already be looking to sell parts of the company [1, 2, 3, 4, 5].



Reuters has the details which prove that GNU/Linux is an established and successful path to doing business, provided that it is not done as tastelessly as Novell does it (turning GNU/Linux into part of Microsoft's platform, .NET, as evidenced in Planet SUSE earlier today).

Software company Red Hat Inc (RHT.N) reported a modest jump in quarterly profit, bucking an industry trend of declining earnings, thanks to a reliable business model through which it books sales over multiple years.

[...]

The company, whose rivals include Novell Inc (NOVL.O) and Microsoft Corp (MSFT.O), sells upgrades, help-desk support and bug fixes for Linux software. It has weathered the recession better than computer makers and many software companies because Red Hat customers buy its service in subscriptions over the course of several years, giving it a predictable revenue stream.


The axis of evil combined (Novell and Microsoft) is simply unable to hurt Red Hat. That's what they have intended to achieve for the past two and a half years, without success.

“One of the questions I've always hated answering is how do people make money in open source. And I think that Caldera and Red Hat -- and there are a number of other Linux companies going public -- basically show that yes, you can actually make money in the open-source area.”

--Linus Torvalds



Comments

Recent Techrights' Posts

Sven Luther, Lucy Wayland & Debian's toxic culture
Reprinted with permission from disguised.work
 
Links 19/04/2024: Israel Fires Back at Iran and Many Layoffs in the US
Links for the day
Russell Coker & Debian: September 11 Islamist sympathy
Reprinted with permission from disguised.work
Sven Luther, Thomas Bushnell & Debian's September 11 discussion
Reprinted with permission from disguised.work
G.A.I./Hey Hi (AI) Bubble Bursting With More Mass Layoffs
it's happening already
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, April 18, 2024
IRC logs for Thursday, April 18, 2024
Coroner's Report: Lucy Wayland & Debian Abuse Culture
Reprinted with permission from disguised.work
Links 18/04/2024: Misuse of COVID Stimulus Money, Governments Buying Your Data
Links for the day
Gemini Links 18/04/2024: GemText Pain and Web 1.0
Links for the day
Gemini Links 18/04/2024: Google Layoffs Again, ByteDance Scandals Return
Links for the day
Gemini Links 18/04/2024: Trying OpenBSD and War on Links Continues
Links for the day
IRC Proceedings: Wednesday, April 17, 2024
IRC logs for Wednesday, April 17, 2024
Over at Tux Machines...
GNU/Linux news for the past day
North America, Home of Microsoft and of Windows, is Moving to GNU/Linux
Can it top 5% by year's end?
[Meme] The Heart of Staff Rep
Rowan heartily grateful
Management-Friendly Staff Representatives at the EPO Voted Out (or Simply Did Not Run Anymore)
The good news is that they're no longer in a position of authority
Microsofters in 'Linux Foundation' Clothing Continue to Shift Security Scrutiny to 'Linux'
Pay closer attention to the latest Microsoft breach and security catastrophes
Links 17/04/2024: Free-Market Policies Wane, China Marks Economic Recovery
Links for the day
Gemini Links 17/04/2024: "Failure Is An Option", Profectus Alpha 0.5 From a Microsofter Trying to Dethrone Gemini
Links for the day
How does unpaid Debian work impact our families?
Reprinted with permission from Daniel Pocock
Microsoft's Windows Falls to All-Time Low and Layoffs Reported by Managers in the Windows Division
One manager probably broke an NDA or two when he spoke about it in social control media
When you give money to Debian, where does it go?
Reprinted with permission from Daniel Pocock
How do teams work in Debian?
Reprinted with permission from Daniel Pocock
Joint Authors & Debian Family Legitimate Interests
Reprinted with permission from Daniel Pocock
Bad faith: Debian logo and theme use authorized
Reprinted with permission from Daniel Pocock
Links 17/04/2024: TikTok Killing Youth, More Layoff Rounds
Links for the day
Jack Wallen Has Been Assigned by ZDNet to Write Fake (Sponsored) 'Reviews'
Wallen is selling out. Shilling for the corporations, not the community.
Links 17/04/2024: SAP, Kwalee, and Take-Two Layoffs
Links for the day
IRC Proceedings: Tuesday, April 16, 2024
IRC logs for Tuesday, April 16, 2024
Over at Tux Machines...
GNU/Linux news for the past day