Has someone confused revenue with profit?
Posted Apr 3, 2012 17:59 UTC (Tue) by JoeBuck
In reply to: A hundred thousand thanks for a billion, anyway
Parent article: Whitehurst: A billion thanks to the open source community from Red Hat
Migro isn't giving 1% of revenue away; they would go bankrupt if they did.
Red Hat has not made a billion dollars in profit; that is the revenue number, most of which was used to pay expenses (employee salaries and benefits, equipment costs, and other expenses).
Their gifts to the free software community have been far larger, for example, all the work on glibc, GCC, and the rest of the GNU toolchain that has been assigned to the FSF has cost Red Hat far more than $100K.
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