Red Hat subscriptions beat expectations (News.com)
[Posted November 19, 2003 by corbet]
News.com
reports that the renewal rate for Red Hat Enterprise Linux subscriptions is over 90% - significantly higher than had been expected.
"
Red Hat's challenge now is to put its new revenue to judicious use, such as investing in a new call center in Australia to support Asian customers. The company can't simultaneously tackle major new initiatives such as pushes into China, the embedded computing market or desktop computer software..."
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