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Posted in Finance, GNU/Linux, Microsoft, Novell, Ron Hovsepian, Servers, Steve Ballmer at 5:41 pm by Dr. Roy Schestowitz
Summary: Ballmer and Hovsepian are failing once again to obstruct the leader in GNU/Linux servers
RED HAT is up approximately 5% after market close. It delivered its financial results a few hours ago. The stock has reached a very high value, despite Ron Hovsepian and Steve Ballmer (seen above) signing what several Web sites described as an “anti-Red Hat deal” or anti-Red Hat pact.
Novell recently lost more than $200,000,000, Microsoft is shrinking rapidly. and Red Hat is reportedly growing, which means that expenses do too.
=> lost more than $200,000,000 | ↺ is shrinking rapidly
Given the recent developments, Novell will carry on going "downhill", whereas its main rival, Red Hat, has good news for investors as its value soars.
=> going "downhill" | ↺ has good news for investors | ↺ soars
To give a sample of news overage, in chronological order:
=> ↺ Ahead Of Red Hat Q3 Earnings
Open source solutions provider Red Hat Inc. (RHT: News ) is set to announce its third-quarter results after the market close Tuesday. On average, 21 analysts polled by Thomson Reuters expect a profit of $0.16 per share for the quarter on sales of $188.29 million. Analysts’ forecast typically excludes one-time items.
=> ↺ A Look at the Week Ahead – (BMY, JBL, OSIP, RHT, SQNM, V)
Red Hat Inc. (RHT) reports earnings on Tuesday and is trading right at fresh highs. Thomson Reuters has estimates pegged at $0.16 EPS and $188.49 million in revenues, and while this used to be a takeover target the valuations are now very high and this one almost certainly has to really beat estimates and raise guidance to keep everyone happy.
=> ↺ Micron Technology, Tibco Software, Red Hat
Red Hat /quotes/comstock/13*!rht/quotes/nls/rht (RHT 31.35, +1.48, +4.96%) is estimated to report a profit of 16 cents a share in the third quarter, according to analysts surveyed by Thomson Reuters.
=> ↺ Micron Technology, Red Hat shares gain after hours
=> ↺ Red Hat profit, revenue beat Street view
Red Hat Inc (RHT.N) reported higher than-expected profit as the business software maker posted strong growth in the sales of its version of the Linux operating system, sending its stock up 3.5 percent.
The bully from Microsoft never got his way. █
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