Novell's Linux Business Still Not Profitable?
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Novell is managing to grow its Linux business despite a difficult economy, but is it profitable? The answer, according to both Novell's CEO and its CFO, is not yet. "We have invested heavily in our Linux business to gain market share and acquire new customers," Novell CFO Dana Russell said on the company's quarterly conference call last night. "While the business is not yet profitable, we are making steady progress and plan for it to be break-even no later than 12 to 18 months from today."
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