Linux Subscriptions Paying Off for Red Hat
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There is a way to make money from Linux even in a down economy -- it's called subscription revenues. Linux vendor Red Hat yesterday reported growth in income and revenues on the back of renewal rates for its Linux support subscriptions. Revenues for the company's third fiscal quarter for 2009, which ended Nov. 30, hit $165.3 million, an increase of 22 percent over its third-quarter fiscal 2008 performance a year ago.
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