Linked by Thom Holwerda on Thu 27th Sep 2007 07:50 UTC, submitted by stonyandcher
Red Hat Global expansion and strong Enterprise Linux subscriptions have lifted Red Hat to double-digit growth as the CEO confirms Red Hat's solution and services provider transformation. Red Hat reported profit of USD 18.2 million, or USD 0.09 per diluted share, an increase of 64 per cent year on year for the second quarter of the company's fiscal year, which ended August 31.
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oss
by happycamper on Thu 27th Sep 2007 08:31 UTC
happycamper
Member since:
2006-01-01

Red Hat reported profit of USD 18.2 million

good for redhat, I hope RedHat donates some of that cash to the open source projects and devs that helped out.

RE: oss
by Lobotomik on Thu 27th Sep 2007 08:51 in reply to "oss"
Lobotomik Member since:
2006-01-03

Well, they payroll MANY developers that write A LOT of that source, so they are no freeriders no matter how you look; there is little to nothing to criticize in that area.

Good for RedHat? Sure, and also good for all the people that like me (and you?) mainly enjoy the stuff and give nothing in return but admiration and gratefulness, if at all.

Reply Parent Bookmark Score: 15

RE[2]: oss
by buff on Thu 27th Sep 2007 12:32 in reply to "RE: oss"
buff Member since:
2005-11-12

It is definitely good for RedHat and also good for me. I enjoy using Fedora and all the work they put into it. The custom GUI applications are nice.

I so regret selling my RedHat stock. After the dot com slump I figured it was all over for them. Now I am really kicking myself for not holding out. I think a lot of people also didn't expect them to thrive.

Reply Parent Bookmark Score: 3

RE[2]: oss
by iskios on Thu 27th Sep 2007 12:23 in reply to "oss"
iskios Member since:
2005-07-06

Look, no offense, but what is it with you OSS types that makes you think you are owed a donation? As was already pointed out, Red Hat does help bankroll things, including paying developers in their employ, etc., but the truth is that if you are a developer and you choose to put your software out there as open source, then Red Hat or Novel or even Microsoft has every right to use it as they wish so long as they abide by the terms of the license.

I see so many articles every week or comments on articles that seem to me to imply a sort of sense of entitlement at work here.

Reply Parent Bookmark Score: 3

RE[3]: oss
by jaylaa on Thu 27th Sep 2007 12:35 in reply to "RE[2]: oss"
jaylaa Member since:
2006-01-17

I see so many articles every week or comments on articles that seem to me to imply a sort of sense of entitlement at work here.

Well, you could note that he said "hope" not "expect". He hopes they donate some money. So do I. What's wrong with that? If they don't, no biggie, but I hope they do. Who doesn't like it when companies spread some money around?

Reply Parent Bookmark Score: 3

RE: oss
by superman on Thu 27th Sep 2007 13:03 in reply to "oss"
superman Member since:
2006-08-01

> I hope RedHat donates some of that cash to the open source projects and devs that helped out.

http://fedoraproject.org/wiki/RedHatContributions

http://www.linuxworld.com/news/2007/092007-kernel.html?page=2
By lines changed
(Unknown) 111777 16.9%
(None) 99649 15.0%
Red Hat 84224 12.7%
IBM 39449 5.9%
Oracle 36205 5.5%

Just few examples...

Reply Parent Bookmark Score: 9

RE[2]: oss
by uproot on Thu 27th Sep 2007 17:09 in reply to "RE: oss"
uproot Member since:
2006-10-05

First time I've modded someone up I think.

People that hope RedHat give to the community are the same ones using a different distro and talking about how RPM's suck all day.

When linux was a sandbox toy RedHat was hiring all the best guys and giving them jobs. They've always done things the right way from day one and played by the rules.

A few years ago when I looked up the numbers 1/3rd (ballpark #'s) of Redhats budget went to R&D. that means 1/3 of the profits we see are used on OSS software since 100% of the software redhat writes is free. Dont ask what they're going to "donate" again please. Alot of those other "profits" come from things like buying out companies then OSSing the code like netscape dir.

I've been behind this company for aslong as I've been learning linux cause its the perfect system. its capitolist but ethical with its profits. I reward them by buying subscriptions as a thank you. Or doing what I can on the mailing lists.

Im not normally one of the OSS nuts, i dont hate MSFT or anything its just when I see a company that actually is ethical its stands out so much you gotta appreciate it. Redhat certainly pulls their weight.

Reply Parent Bookmark Score: 7