Red Hat CEO Kills Open Source Financial Myth

Red Hat CEO Jim WhitehurstSometimes The VAR Guy is a little slow. Red Hat has achieved two important company milestones, according to CEO Jim Whitehurst (pictured), that The VAR Guy nearly overlooked. It took some time for our resident blogger to realize the significance of Whitehurst’s statement. Take a look for yourself.

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Measuring Profits: Microsoft vs. Red Hat

Microsoft’s stock dropped sharply today because the company’s latest quarterly profits didn’t quite meet Wall Street’s expectations. Meanwhile, The VAR Guy and other open source bloggers continue to hype Red Hat and Linux as growing threats to Microsoft. But before you suggest open source will destroy Microsoft’s profits, take a look at these stagging financial figures.

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