Im not quite sure where you are getting your numbers some highlights include:
http://www.thestreet.com/s/profit-climbs-at-red-hat/newsanalysis/techsoftware/10381371.html?
Red Hat (RHT - Cramer’s Take - Stockpickr - Rating) posted second-quarter earnings in line with Wall Street expectations as profit grew 59%.
The Raleigh, N.C., maker of Linux open-source software reported revenue of $127.3 million, nearly 28% over the prior year’s quarter of $99.7 million.
Earnings per share grew to 9 cents on net income of $19.1 million, from 5 cents, or $12 million, in the prior year’s period.
operating cash flow, excluding items, was up 43% year on year and 22% sequentially, to $63.7 million, while deferred revenue rose 33% to $377 million.
Red Hat has scored at least one seven-figure JBoss deal in each quarter, he added.
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Still all this aside Novell increasing their footprint is a good thing for customers, good news all around..
I agree with one exception - I get the distinct impression they've shifted their technical support emphasis that direction as well, which is bad news for those of us who are still trying to hold Netware implementations together with spit and baling wire while management prepares the migration plan. :-(
I was wondering about that RHT figure, but then again, consider the source.
Like most Linux news Red Hat’s recent quarter was announced with great fanfare, while only one source reported the real story behind the numbers. Total revenue was only up 7% from the last quarter:
http://biz.yahoo.com/bw/070925/20070925006454.html?.v=1