It used to be that the corporate IT crowd could not get enough of Linux. It was inexpensive. It did not come from Microsoft. It was open-source and could be improved without permission from Redmond.
A new study shows that IT types are beginning to turn on Linux. According to Barron’s, UBS did a survey of chief information officers and in the process found out that "of the the 47% of CIOs in the survey who said they were not Linux users, just over 90% indicated that they would not deploy the open source operating system in 2007."
In other words, if they hated Linux before, they hate it even more now.
What happy news for Microsoft (MSFT). But, it makes for a bad day for enterprise Linux firms Redhat (RHAT) and Novell (NOVL). Redhat’s shares are down over 20% during the last three months. Maybe investors saw this coming.
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.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.