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Re: First Billion Dollar Open Source Software Vendor

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____/ Hardon on Thursday 22 Sep 2011 13:52 : \____

> <http://linux.slashdot.org/story/11/09/22/0315254/First-Billion-Dollar-Open-Source-Software-Vendor>
> 
> <quote>
> "Red Hat is doing very well in this economy. Total revenue and
> subscription revenue for this quarter is up 28% year-over-year. Jim
> Whitehurst, President and Chief Executive Officer of Red Hat said,
> 'Based on the strong first half results, we believe Red Hat remains
> well positioned to finish fiscal 2012 as the first billion dollar open
> source software vendor.'"
> </quote>

If Red Hat charged for the OS what Apple charges for the OS (bundled with hardware),
it would make a fortune. But in FOSS, profits don't come first and the business
model maximises usage of code.

- -- 
		~~ Best of wishes
Dr. Roy S. Schestowitz (Ph.D. Medical Biophysics), Imaging Researcher
http://Schestowitz.com  | GNU/Linux administration | PGP-Key: 0x74572E8E
Editor @ http://techrights.org & Broadcaster @ http://bytesmedia.co.uk/
Managing partner @ http://scifitness.co.uk & http://iuron.com
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