Linked by Thom Holwerda on Fri 2nd Mar 2007 21:04 UTC
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Dear, oh dear, oh dear, oh dear, oh dear. Having to breath life into your cash flow situation via a cash injection from a direct competitor. The total sum is even roughly equivalent to Novell's total cash flow. Unbelievable. I repeat again: Microsoft is Novell's competitor.
Yeah, Novell is finished!
From now on it's just a downhill ride.
You don't suckle from your competitors (in this case the devil's) tit, back-stabbing the whole Linux community in the process, and say everything is okeydokey.
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Member since:
2005-07-06
Novell reported $15 million of revenue from Linux Platform Products, up 46 percent year-over-year
It's pitiful. Red Hat would be ashamed. It might be a 46% increase, and that shows you just how low it has been, but it is still only $15 million. It is still an extremely small proportion of their total revenue, and the decline in revenue from this point last year is 80% of that figure to put it into perspective.
The revenue from Novell's identity and access management was $24 million, down 7 percent
Oh dear. People seem to be continuing to jump ship from eDirectory, and it is still a very small figure even adding the 7% back on.
Combined revenue from Open Enterprise Server and products related to NetWare declined 18 percent from the year ago period.
Oh dear, oh dear, oh dear. This is a huge decline over just a year from what is Novell's core (and they tellingly don't even try and reveal what the actual figure is). It seems they can't even get people to move to OES from Netware, and people are leaving in droves as a result.
You can ignore just about everything else here. That decline for Netware and its supposed successor is the real barometer in there as far as Novell is concerned.
and $91 million of invoicing, up a whopping 659 percent year-over-year.
I'm not entirely sure what invoicing means here, but I really hope it isn't Novell running around trying to get people to pay their bills.
Both of these substantial increases were attributed to the the Microsoft agreement completed during the first fiscal quarter of 2007. The Microsoft partnership alone put $348 million into Novell's pockets.
Dear, oh dear, oh dear, oh dear, oh dear. Having to breath life into your cash flow situation via a cash injection from a direct competitor. The total sum is even roughly equivalent to Novell's total cash flow. Unbelievable. I repeat again: Microsoft is Novell's competitor.
If this is Novell's Linux strategy then I suggest they re-think it, because they're currently turning away Netware-using companies in droves that have constituted the bulk of their revenue since they were founded. Regardless of the new found open source stuff, they need to look after these people.
Edited 2007-03-02 23:36