Red Hat, Techs Shine as Market Dims
By Justin Jenkins | Published March 22, 2001, 4:58 PM
In a day when the Dow dropped at one point to the sub-10,000 level, the Nasdaq up 67.47, saw Red Hat announce that it had beaten its fourth quarter estimates and broke-even as compared with a loss of $5.6 million last year. Revenues more than doubled to 27 million, from 13.1 million last year. Many Wall Street analysts had anticipated Red Hat to report an operating loss of one cent a share.
Yep, definitely good news :)
If you look at it realistically, about 1% of home PC users are using Linux (actually about 10%, but most are just looking at it and will give up, because they're just used to Windows). Most of them are trying Redhat, as that's the one that's been pushed the most, commercially, mainly via magazines.
Now, if they're making that much off 1% of the people, then they're going to do very well if Linux continues to gain interest.
(Of course, there's always the problem of "first impressions" - some people saw early distros of Linux and assumed that future versions would be just as unsuitable for them, therefore are unlikely to try again unless it's necessary)
Whilst personally I prefer "cleaner" distros like Debian... Redhat is extremely popular. If it continues to build up confidence in people like this, I would think we're onto a winner.
We'll just have to wait and see.
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|I prefer "cleaner" OSs ... like FreeBSD, but that's just me. :) I used redhat for about two years, so it served me well.
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|There is one small problem I can see with that theoretical upturn in the Linux "business sector" if you dare to call it that.
First, and foremost, Linux is free. I don't care how many retail boxes you *think* you can sell to a world so wired that NAPSTER revolutionized the it, but it isn't.
Second, it's really not that easy to learn. (And bring to a useable state that you would have arrived at 4 weeks earlier had you been using Windows or MacOS).
Thirdly, MacOSX. I mean, every Linux user out there knows in their heart that even though Linux is the gravy train, BSD is the bottom b****. Once/If OSX gets ported to x86 *fingers crossed*, I can only hope, (and pray and beg and ..), that Linux finally finds the tombstone it so obviousley deserves.
Lastly, there is no g**d*** upturn in the economy. Get yer ****in head on straight :)
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|Actually I have tried their latest versions, which has been what has caused me to hate Linux so much. I've never used such a crappy operating system in my life. It trashed my drives BOTH times I tried installing it. The programs written for it are awful. And its just as buggy if not more so than Windows is.
I also always hear from Linux users that the operating system is so secure. Well if that is the case, then how are all these Linux Viruses popping up lately?
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|Me To! About time...
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|Well at least it's SOMETHING, getting tired of looking at the stupid Office and X-Box logos that yall have.
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|Yeah so was I.
-Justin
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