Novell’s Linux Business is Booming
On a superficial level, Novell’s third quarter, which ended July 31, 2008, didn’t look that good. A closer look reveals though that Novell did quite well in general and extremely well with its Linux business.
According to the company press release, “For the quarter, Novell reported net revenue of $245 million.” This was up from Novell’s net revenue of $237 million for the third fiscal quarter 2007. “Income from operations for the third fiscal quarter 2008 was $1 million, compared to a loss from operations of $10 million for the third fiscal quarter 2007. Loss from continuing operations in the third fiscal quarter 2008 was $15 million, or $0.04 loss per share, due to a $15 million impairment charge related to our auction-rate securities.”
- Login or register to post comments
- Printer-friendly version
- 1396 reads
- PDF version
More in Tux Machines
- Highlights
- Front Page
- Latest Headlines
- Archive
- Recent comments
- All-Time Popular Stories
- Hot Topics
- New Members
digiKam 7.7.0 is releasedAfter three months of active maintenance and another bug triage, the digiKam team is proud to present version 7.7.0 of its open source digital photo manager. See below the list of most important features coming with this release. |
Dilution and Misuse of the "Linux" Brand
|
Samsung, Red Hat to Work on Linux Drivers for Future TechThe metaverse is expected to uproot system design as we know it, and Samsung is one of many hardware vendors re-imagining data center infrastructure in preparation for a parallel 3D world. Samsung is working on new memory technologies that provide faster bandwidth inside hardware for data to travel between CPUs, storage and other computing resources. The company also announced it was partnering with Red Hat to ensure these technologies have Linux compatibility. |
today's howtos
|
OES et al
Novell cut off 10% of its staff last year (more axing to come soon) and it counts as “Linux sales” transitions from its old O/S/es to GNU/Linux (e.g. OES).