Growing demand

Published: 23 December 1999 y., Thursday
This election season_s flock of presidential hopefuls could learn a lot by watching how CEOs of high-tech companies spin bad news into sunshine. The latest virtuoso performance came earlier this week, when Red Hat president and CEO Matthew Szulik commented on his company_s unexpectedly wide loss of $3.5 million (US$) in its third quarter. According to Szulik, "An increase in global demand for Red Hat Linux, an increase in the need for services from corporate accounts, an increase in the contribution of Red Hat_s global offices, and an increase in the demand for the content and customers of Redhat.com" were contributing factors. "Red Hat continues to scale its global capabilities to meet the growing demand for Red Hat products, services and information," he added.
Šaltinis: E-Commerce Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

iPhone movie to hit S. Korea theatres

An award-winning South Korean film director shoots a 30-minute movie using only Apple's iPhone 4. more »

Nintendo: 4 mln 3DS in 1st month

Nintendo aims to sell four million of its new 3-dimensional 3DS game console in the first 30 days of launch in Japan, U.S. and Europe. more »

Mixing business with Foursquare

Matchmaker Maria Avgitidis has a new love - Foursquare. more »

Gemalto R&D Project Selected for Pan-European EUREKA Innovation Award

Gemalto,the world leader in digital security, today announced that the MEDEA+ ONOM@TOPIC+ project has been short-listed as one of the three finalists for the EUREKA Innovation award. more »

Google vs. China again

China again warned Google on Tuesday to obey the nation’s law with its web search engine results, amid mounting signs the world No.1 could soon shut its mainland website. more »

Flip Video in Healthcare Helps Improve Patients' Recovery

Video shot during a healthcare consultation can help patients recall important information and instructions later. more »

EU assembly wants affordable broadband access for every home

High-speed internet is a basic good that must be available to everyone, Europe's local and regional politicians said today in support of the 'Europe 2020' goal of bringing broadband access to every home by 2013. more »

Wincor Nixdorf installs more than 1700 self-service devices at HypoVereinsbank

Wincor Nixdorf and HypoVereinsbank (HVB) have successfully completed one of the most extensive rollouts of self-service systems in Germany. more »

Verizon Joins Open Identity Exchange

Verizon Business will join the Open Identity Exchange consortium as an executive member to support a common, secure framework for access to Internet sites. more »

What's the future for EU's online library Europeana?

You can now access books, journals, films, maps etc from across Europe via the EU's online library, Europeana. more »