Bonum Certa Men Certa

Novell's Channel Breaks Further, Novell Loses Over $200,000,000 in 2009 (Fiscal)

Trolley



Summary: Novell is losing its UK distributors and there is little hope for rebound based on the financial situation and general trend

Hitherto, Novell has been pretending that Microsoft's patent deal will spell the renaissance of Novell. Not even as a Microsoft subsidiary can Novell be incarnated given that it's losing business to Microsoft. To give just one example from this week's news:



Domino’s was using Novell’s GroupWise for about 1,000 users and realized that encryption was necessary to protect the communications involving the employment information that’s transmitted between its stores and its outside benefit providers. The restaurant chain began deploying Proofpoint and Voltage’s encryption products while still on GroupWise because it planned to work with both GroupWise and Microsoft Exchange/Outlook when the company upgraded later, Anderson explains.


That's what friends like Microsoft are for.

We actually found it interesting that Novell is 'pulling a Microsoft' [1, 2, 3, 4] with a new "study" that's intended to help Novell lobby and elevate sales.

The goal of Novell's study was to find out what sort of solutions are used by the Hungarian CIOs (focusing on the large enterprises, governmental and educational institutions), if they are content with their current systems, what are the major challenges they face and in what direction do they plan to advance.


Regardless of Novell's efforts to successfully woo CIOs, its channel in the UK keeps breaking apart.

In the UK Novell has reduced its distribution by 35 percent – including the addition of Avnet in August. Veitkus says he expects its number of ‘non-performing’ resellers to shrink by roughly the same figure.


We wrote about this before. Novell's broken channel and abandonments do not help and now comes another major UK setback:

Software licensing VAR Trustmarque has cut the number of distributors it works with for 14 of its main vendor lines worth a combined €£30m annually.

Some 14 distributors bid for the business but only 10 were selected following a three-month tender process that finished last week.

Vendors covered by the tender include Citrix, Novell VMWare, McAfee, Adobe and Websense. Magirus picked up the VMware piece, Interactive Ideas bagged Novell, Arc Technology the McAfee business and e92plus the Websense segment. Other distributors to make the cut include Bell and Computer 2000.


So the future is not so bright, either. Novell's terrible financial results that we wrote about last week [1, 2] are discussed in the same publication as above. It says:

Novell has swung to a $206m (€£124m) loss for its fiscal 2009 after taking a whopping $279m impairment hit in its final quarter.


More here:

Novell Inc. NOVL said its fiscal fourth-quarter loss widened to $255.7 million, or 74 cents a share, from $16.3 million, or 5 cents a share, in the year-ago period. Excluding one-time items, the IT management software company said it would have reported earnings of 11 cents a share. Revenue fell to $215.6 million from $244.7 million last year.


And here:

Software company Novell Inc.’s (NOVL) fiscal fourth-quarter loss widened on a $279 million impairment charge and lower revenue, although revenue from its Linux-platform products increased 14%. Novell, Inc. (NASDAQ:NOVL, $4.04, +$0.13, 3.32%) dropped 1.73 percent to $3.97 on Friday morning pre-market trading session, while on Thursday, shares of Novell were up 3.32 percent and closed on $4.04.


To quote a comment on the subject:

Ron is asleep at the wheel ? No more after a few big customers ?

Submitted by atang1 on Sat, 12/05/2009 - 04:33.

When the chips are down, the CEO has to bring the big customers in? Ron Did British Telecom(security management) and Peugeot(Linux desktop) and Micropsoft paid for Linux services(bugs fixing) for their customers, then silence for years.

One has to examine one's own destiny? Miguel does not have any technology that can be turned into money?

Netbooks are changing in architecture(simple multicored cpu for realtime vs. virtualization and USB 3.0 bus), data centers are changing to triple play. Where Novel is going, nobody knows. A $billion dollar company has to size and target customers, all the time?

We are stockholders of Novl. Opinions here maybe biased.


A former employee of Novell says that "Novell's quarter crumbles" and here is just how bad it is:

In third quarter earnings news, computer networking and services company Novell (NASDAQ:NOVL) reported a loss of 74 cents per share. Analysts had expected a 7 cent per share profit.


That is a lot of money to lose in one year, especially considering the reduced expenses (layoffs and other cancellations).

Novell has reported a net loss of $256m for the fourth quarter of 2009, compared to a net loss of $16m in the same quarter last year. Revenue declined 12% to $216m.


Novell cannot go on like this forever. Is it time for Ron Hovsepian to beg again?

Ron Hovsepian begs Ballmer



Recent Techrights' Posts

At BetaNews, "Most Commented Story" Is Not a Story But LLM Slop! (Readers Talking to Bots)
They make fake stories with provocative headlines and then boast that these get many comments
[Meme] Swiss Lawyers/Attorneys Who Fake Qualifications and Rob People
Switzerland mostly guards its reputation by censorship of media
Just How Slow Has the News Industry Become?
We're drowning in garbage from fake publishers
BetaNews is Beta-Testing the Site as LLM Slop With Microsoft Propaganda Thrown In
Many of the people there are Microsoft boosters and they use slop as "filler" (for marketing)
Gemini Links 13/11/2024: Phasing Out 3G, Brian Kernighan Books, Tcl/Tk, Time to Ditch x86
Links for the day
BetaNews, Inc. Became a Spam Operation/Web Site, LLM Spew (Slop) for SEO Disguised as "Articles"
Published 5 minutes ago by Brian Fagioli...
WordPress is for the 'Old Web'; the New Web Necessitates Static Pages
There are purely practical reasons to move away from WordPress and the likes of it
Biggest Debt Leap in Years, More Than Half a Trillion Dollars in Just One Month
We remind people (almost every year) that it's also "buynothingday"
 
More Than 3 Years After Vista 11's Release More Chinese Computer Users Still Use Vista 7 (Than "11")
it was "officially" released October 5, 2021
In Switzerland, GNU/Linux Reaches Record Highs, But What About the Corruption?
Pocock is a disappointed citizen of Switzerland
Things That Still Work OK (But We're Being Shamed for Using)
Using old stuff is nothing to be shamed of (or afraid to do)
Free Software is About Collaboration
WordPress limits it
Even the Managing Editor of BetaNews is Doing Slop and Spam
A Fish Rots From The Head Down
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Tuesday, November 12, 2024
IRC logs for Tuesday, November 12, 2024
PERA Bill in US Senate Strives to Crush Caselaw, Making Patents on Mathematics and Algorithms 'Great Again'
Follow the money
Evolution of euthanasia & WIPO UDRP similarities exposed by W. Scott Blackmer
Reprinted with permission from Daniel Pocock
Links 12/11/2024: A Lot of Censorship and SWNS at 50
Links for the day
Gemini Links 12/11/2024: Invidious Down and YouTube Addiction
Links for the day
Links 12/11/2024: Hey Hi (AI) Failures and COP29 Fakers
Links for the day
Latest Rumours of Red Hat Layoffs
Rumours or gossip is how almost everything starts
Windows Falling to All-Time Lows and Microsoft Has Nothing to Replace It With
It's mostly Android (Linux) replacing Windows
Cybershow Has a New 81-Minute Episode on Digital Sovereignty and International Cyber-Relations
it is a high-quality show
Activism in the Digital Realm Can Never (and Must Never) Rely on GAFAM
This simply means that tech activists must completely abandon any hopes of finding allies in Google or IBM or whatever...
Golden Dawn(ald) and What GAFAM Means to Liberal Techies
In one single screenshot
IBM CEO Says Donald Trump as President-Elect is Good for IBM in New Interview With CNBC
most unprincipled CEO ever?
GNU/Linux Up to 6.1% in Finland (Almost 9% If One Counts ChromeOS Too)
Home of Linux (the kernel)
BetaNews Has Become a SPAM/Slop Factory, Brian Fagioli Publishes Fake 'Articles'
everything is now suspect in BetaNews
It's Morbid to Talk About Living People as If They're Dead
What happens to LLM slop when Brian Fagioli dies?
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Monday, November 11, 2024
IRC logs for Monday, November 11, 2024
Free Software and Love of Nature
It's not a coincidence that many Free software activists are also lovers of nature
Silicon Valley and GAFAM Were Never Liberal
spineless CEOs and founders aren't against Trump
Windows and 'The Desktop' Floundering
Microsoft should be extremely worried
WordPress is Bad for the Planet (Even If Many Still Use It)
the costs nobody wishes to talk about
Gemini Links 11/11/2024: Closed Systems and Verify You Are Human To Continue
Links for the day
Running Twitter at a Loss and Then Profiting From Trumpism
How very liberal of Jack Dorsey, the greedy "Liberal" who only prioritised money
Microsoft, Which Benefits From Donald Trump, is Normalising Donald Trump
Some people still wrongly believe that Microsoft is left-leaning
ChromeOS and GNU/Linux Growing in Spain (Almost 10% Now)
Whether this persists next month and next year will certainly matter
When You Upload Talks of Richard Stallman to Proprietary YouTube
Also: notice they work to abolish the word "whitelisted"
Free Software is Probably a Lot Healthier for You
Does Free software help people live longer and/or live better for longer?
Sweden: ChromeOS + GNU/Linux at 17%, an All-Time High
According to statCounter
Windows Collapsed to Only 12% of the Operating Systems Market in India, Says statCounter
Windows falls to 64% on desktops/laptops in India, dips to 12% overall
Links 11/11/2024: Mastodon Year 2 in Review, Freshworks Laying Off 13% of Staff
Links for the day
[Video] Daniel Pocock Warning About Someone Like Elon Musk Buying and Misusing Twitter Almost 7 Years Ago
Daniel Pocock spoke about Facebook and Twitter while attending the UN Forum on Business and Human Rights in Geneva, Switzerland
[Meme] It Takes Only Words to Destroy Malicious People and Pathological Liars
Trying to silence us is foolish. Boasting about this in public is worse than foolish; it's a legal liability.
Dead Blog ('Hoisted By His Own Petard')
The saying "people who live in glass houses shouldn't throw stones" is also applicable here
Debian Voters Clearly Supportive of Richard Stallman (Founder of GNU/Linux), But Debian Leaders Keep Giving Voting Rights to Microsoft Staff
It can be seen that the pro-Stallman positions are dominant
WordPress is Unfit for Purpose in 2024
The Web itself changed a lot and the majority of Web traffic is pure junk
[Meme] Remember That Microsoft and Trump Already Have a "Targets List"
Microsoft loves Trump bailouts
Service Notice: IRC Downtimes RESOLVED
We believe we've solved this entirely (or hope so), but it may take another week to know for sure
Linux 'Not Inclusive' 6.12 (Trumpism Inside Linux Foundation Affirmed)
They can make a codename for this release: Linux 'Not Inclusive' 6.12
The Open Source Initiative (OSI) is Dead. Cause of Death: Microsoft Bribes.
At the core, Linux Foundation and OSI adopted lies as a business model
Joan Meyer correctly linked Gideon Cody raid on Marion County Record to Kristallnacht
Reprinted with permission from Daniel Pocock
Trans People Misused to Attack a Project or Developer Who Has Nothing to Do With Them
And why that truly hurts all trans people
Our 18+ Years of Freedom-Fighting
We always fight back
Gemini Links 11/11/2024: Men Losing Grip and "You're Relaxing Wrong"
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Sunday, November 10, 2024
IRC logs for Sunday, November 10, 2024
Nobody Knows What's in Our Fridge! Wow, Spooky!
Freedom means you can also purchase things anonymously
Freedom Must Always Be Fought For (All the Time)
Ridicule of "freedom fighters" in the digital realm is typically orchestrated by dictators or wannabes.