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Canonical Is Reportedly Considering An IPO

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  • #31
    Originally posted by mike4 View Post
    Hmm seems I need to check Red Hat's stock prices. Never did I believe, but why not buy Canonical if there's money to make...
    They're not very comparable companies though. Red Hat are best known as a Linux distro, but they've got a lot of peripheral stuff too... they've got a lot of influence in Java enterprise development, cloud hosting, storage, etc... lots of infrastructure pieces they've acquired over the years. As such, they've got reliable revenue from a variety of sources - whereas Canonical is still a small player despite the success of Ubuntu as a distribution.

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    • #32
      Originally posted by blackout23 View Post
      You mean large and profitable?
      Charging for security updates does that.

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      • #33
        Originally posted by yogi_berra View Post

        Charging for security updates does that.
        It's all part of support contracts. That's where the real money is. If you are a services company and you want to be profitable, then you need those contracts. Redhats business is different from mine, but I got most of my support contracts on new hardware sales. And I still make some money on them while they get guarantees. Those include applying security updates.

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        • #34
          ROTFLMAO.... Let me fix that headline - "Canonical will be resting in Mir soon". Might be good for those who sell short to have that IPO tho...

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          • #35
            Originally posted by yogi_berra View Post

            Charging for security updates does that.
            I never paid a dime for any update in Fedora or CentOS.

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