Novell Back on Track?
Novell just might be getting back on track with it’s Linux initiative and reorg finally paying off. They’re reporting 61$M in Linux related revenue and doubled Linux subscriptions for the current quarter and are expecting profits of 2 or 3 cents a share next quarter.
This comes on the recent losses involved in the reorginization and re-alignment of their business. Novell’s been on a bit of a slide lately, so hopefully this signals a return to profitability and a payoff from their switch to Linux.