EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS
Boycott Novell

05.30.07

Forbes Says Novell’s Business Stinks

Posted in Finance, Novell, Marketing at 3:03 pm by Roy Schestowitz

This seems like a harsh article, but you may still wish to take a quick look.

Unfortunately for Novell, business isn’t good. Analysts expect the company’s second-quarter earnings will come in around $4.7 million on Wednesday–that’s a drop of of 50%. Worse yet, sales are set to slide to $235.1 million from $278.3 million. As a result, over the past year Novell’s shares have plodded along, dropping from $7.82 to $7.55.

[…]

The company could start buying back shares or it may even reward open-source developers with a few acquisitions, analysts say. Spreading a little of its money around in the open-source community may not make it any more popular, but at least it won’t be the only software company accused of selling out

This confirms the possibility of buybacks, which was mentioned last week.

Noteworthy: Novell’s (and Microsoft) Betrayal Illustrated Using an Analogy

Pages that cross-reference this one

Listed from October 23rd 2007 onwards, pingbacks and trackbacks (external) are omitted

Leave a Comment

An invade, divide, and conquer Grand Plan

Novell CEO Ron HovsepianHighlight: Novell was the first to acknowledge that Microsoft FUD tactics had substance. Novell then used anti-Linux FUD to market itself. Learn more

Xandros founderHighlight: Xandros let Microsoft make patent claims and brag about (paid-for) OOXML support. Learn more

Linspire CEO Kevin CarmonyHighlight: Linspire's CEO not only fell into Microsoft arms, but he also assisted the company's attack on GNU/Linux. Learn more

Hand with moneyHighlight: Microsoft craves pseudo (proprietary) standards and gets its way using proxies and influence which it buys. Learn more

Eric RaymondHighlight: The invasion into the open source world is intended to leave Linux companies neglected, due to financial incentives from Microsoft. Learn more

XenSource CEOAnalysis: Xen, an open source hypervisor, possibly fell victim to Microsoft's aggressive (and stealthy) acquisition-by-proxy strategy. Learn more

More analysis >>

Recent Posts