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Re: Boon for Novell

__/ [ Freeride ] on Friday 02 March 2007 21:58 \__

> On Fri, 02 Mar 2007 09:26:13 -0800, John Bailo wrote:
>> http://blogs.zdnet.com/BTL/?p=4588
>> ---
>> Overall revenue declined 5 percent, but Novell's Linux business surged.
>> In fact, most of the questions on Novell's earnings conference call
>> revolved around the company's deal with Microsoft.
>> "We're very encouraged by our Linux platform business which saw revenue
>> growth of 46 percent and invoicing increase over 650 percent from the
>> quarter a year ago," said Novell CFO Dana Russell.
>> CEO Ron Hovsepian also talked up Microsoft.
>> "Our results were positively impacted by our relationship with
>> Microsoft, a partnership that is off to a strong start, where we are
>> executing ahead of plan. Customer reaction to our collaboration
>> agreement is robust as evidenced by our record Q1 results. On a
>> year-over-year basis, we recognized Linux revenue growth of 46%, Linux
>> invoicing grew by over 650%, and Linux activated deferred revenue was up
>> almost 300%."
> Are these fudged numbers for the M$ deal?

They missed Wall Street's expectations. It's a failue. Only Novell's press
release put a positive spin on it. If you look at BoyCottNovell.com you'll
see the reality of the matter.

                ~~ Best wishes 

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