Submission + - Red Hat Sales Surge
head_dunce writes: "Red Hat reported on it's third quarter earnings, and it did quite a bit better than expected even with the Oracle and SuSE/Microsoft new kids on the block.
From the conference call:
From the conference call:
So it looks like all these companies trying to be like Red Hat has only validated Linux in big business. And all it takes is one tech support call to Microsoft to understand the value of support. Congrats to Red Hat!"CFO Charlie Peters said that the company is "cautiously optimistic that competitive efforts by some of the largest technology companies in the world are actually expanding our opportunity."
Trip Chowdhry, managing director Global Equities Research, said Oracle has misread the market for open source software. "Oracle thinks Linux support is a cost issue; it isn't. It's a business issue."