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SCO Rings Up First Quarterly Profit (TechWeb)

TechWeb takes a look at SCO's latest financial results. Apparently lawsuits can be good for business. "For its second fiscal quarter, ended April 30, the company earned a profit of $4.5 million, or 33 cents a diluted share, on revenue of $21.4 million. That's a big turnaround from a year ago, when the company lost $6.6 million, or 47 cents per share, on revenue of $15.5 million."
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What about the 95% to Novell?

Posted May 29, 2003 18:38 UTC (Thu) by Ross (subscriber, #4065) [Link]

Does that reflect the fact that 95% of the licensing revenue
must be handed over to Novell? Or does that not apply in
this case?

What about the 95% to Novell?

Posted May 29, 2003 18:52 UTC (Thu) by jdub (subscriber, #27) [Link]

That arrangement only applies to Novell's existing licensees when the deal was struck. Basically, Novell wanted to keep making money, and didn't want to do the administrative work. :-) New licensees, dealing only with SCO, pay full $$$ to SCO.

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 29, 2003 19:10 UTC (Thu) by aibara (guest, #4825) [Link]

Anybody know how much if any of that $21.4 million quarterly revenue
came from their recent one time license agreement with Microsoft?

SCO's first and only quarterly profit is reported right after they sign
a big license deal with Microsoft. What a coincidence.

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 30, 2003 10:19 UTC (Fri) by hconnellan (subscriber, #231) [Link]

About 8.5 milion, even though they only did 2 licence deals. Revenue from software sales droped about 2 million.

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 29, 2003 19:28 UTC (Thu) by mmarq (guest, #2332) [Link]

I'm almost in an betting fever that this results dont have errors but *ENRONS*

(OT) SCO and Caldera

Posted May 29, 2003 19:32 UTC (Thu) by jensend (guest, #1385) [Link]

I know this is slightly off-topic, but having just read LWN's obituary for Caldera Linux and replied there (yeah, I'm not a subscriber right now), I thought I'd share my view in a forum where some discussion might ensue...

In their obituary for Caldera Linux, LWN left out an important point: the changing of the guard at Caldera shortly before it was renamed to SCO. When Ransom Love left the company and McBride took over as CEO, changing a lot of other management positions in the process, the Caldera people had known, loved, and had spats with concerning per-seat licensing ceased to exist. Some people who were involved in SCO years ago have posted to websites saying "This isn't SCO as I knew it, it is Caldera which changed its name to SCO. SCO was a good company." Well, the new SCO isn't Caldera either.

Ransom Love and others at Caldera may have made some poor business decisions and managed to tick people off (I thought their position on per-seat licensing was perfectly sound- you could copy any of the open source software in their distribution and use it on multiple machines, as required by the licenses, but disallowing doing the same with the entire product was perfectly reasonable) - but the real Caldera would never have been involved in any of the kind of stuff the new SCO is doing.

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 29, 2003 19:49 UTC (Thu) by lyda (guest, #7429) [Link]

they made a profit of $4.5 million. didn't ms pay them $10 million in a once off payment this quarter?

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 29, 2003 20:43 UTC (Thu) by dlang (✭ supporter ✭, #313) [Link]

if 5-10 lines of code being the same constitues copying then SCO must have copies large amounts of code from (pick a large project of your choice) as well.

large blocks of code could be an issue, but groups of 5-10 lines being the same is just the fact that there aren't that many (good) ways to do a particular job.

SCO Rings Up First Quarterly Profit (TechWeb)

Posted May 30, 2003 22:22 UTC (Fri) by dbhost (guest, #3461) [Link]

If SCO posts a profit of $4.5 Million during the quarter that includes the bailout by Microsoft to the tune of $10 Million to spread FUD about Microsoft's biggest fear (Linux and Open Source software). Then it is reasonable to assume that SCO's real revenue (not whore to Microsoft money) would have fallen $5.5 million dollars short of breaking even. In a perverted way I guess trying to cannibalize your industry, and the client base that got you in a position where you could have bought other copanies, via the court system is at least a way to make money. It looks like SCO is officially one of Microsoft's "useful idiots".


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To clarify the term I refer you to http://www.jewishworldreview.com/cols/sowell090100.asp and I quote " LENIN is supposed to have referred to blind defenders and apologists for the Soviet Union in the Western democracies as "useful idiots." Yet even Lenin might have been surprised at how far these useful idiots would carry their partisanship in later years"
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--Dave

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