Apps & Software

Novell: Why Linux Is The Next Netscape

Novell (NOVL) reported next to no reveue growth in its last quarter. The number was $243 million, up less than 3% from a year ago. According to TheStreet.com, cash flow dropped from $36 million to $26 million. That is about what Microsoft (MSFT) spends to operate its corporate jet each month.

The other "big" company in the open-source enterprise Linux software business is Redhat (RHT). In the last reported quarter, revenue there was $119 million.

A recent study from Gartner actually shows Microsoft (MSFT) taking back market share in the server OS business. That means that one of the largest markets for Linux may not be a growth busienss any more.

Novell and Redhat live in the shadow of the ogre in Redmond. Microsoft recently said that Linux violates a number of its patents.Could be.

But, Linux is not big, and it is not growing much as an alternative for enterprise application software.

Linux has become the next Netscape.

Douglas A. McIntyre

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.