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Red Hat Profit Doubles on Corporate Demand

Posted by tadelste on · 2 comments
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Red Hat's quarterly profit more than doubled on the back of strong subscription sales from corporate customers.

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Comments (2)

grouch ·
It was interesting to me to see lots of news sites with the headline "Red Hat doubles profit" and "Red Hat doubles profit on corporate demand", yet CNet and ZDNet had the headline, "Red Hat growth tops estimates by a notch".

Spin never ceases.
jdixon ·
> yet CNet and ZDNet had the headline, "Red Hat growth tops estimates by a notch."

Yes, a completely factual story (estimates were for $0.12/share, Red Hat earned $0.13/share), that completely misses the real story. Par for the course for ZDNet.

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