Quote:
Originally Posted by ZDnet"
Red Hat has become the first open-source company to surpass a billion dollars in yearly revenues, with the Linux specialist's earnings helped by broader use of its software in the public and financial sectors.
Red Hat has become the first open-source company to make more than $1bn in yearly revenue. Image credit: Red Hat
The company reported fiscal 2012 revenue of $1.13bn (£711m) on Wednesday, and fourth-quarter revenue of $297m, up 25 and 21 percent year-over-year respectively. The quarter's net income of $36m was marginally down on the previous quarter's $38.2m, but up on the previous year's $33.5m.
Red Hat has become the first open-source company to surpass a billion dollars in yearly revenues, with the Linux specialist's earnings helped by broader use of its software in the public and financial sectors.
Red Hat has become the first open-source company to make more than $1bn in yearly revenue. Image credit: Red Hat
The company reported fiscal 2012 revenue of $1.13bn (£711m) on Wednesday, and fourth-quarter revenue of $297m, up 25 and 21 percent year-over-year respectively. The quarter's net income of $36m was marginally down on the previous quarter's $38.2m, but up on the previous year's $33.5m.
Quote:
Originally Posted by Bill Gates back in 2001
We think of Linux as a competitor in the student and hobbyist market, but I really don't think in the commercial market we will see it in any significant way.
We think of Linux as a competitor in the student and hobbyist market, but I really don't think in the commercial market we will see it in any significant way.
ZDnet
Great news for L I N U X
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Battlefield 2 review.
Battlefield 2 PC Game EA |
