SCO’s Revenue Continues To Decline

April 15th, 2005 · No Comments

Tux tied up by SCO

Good news for all of us wanting to live in a free virtual world. Eweek reports that SCO’s revenue is continuing to decline. Excerpt:

The SCO Group Inc. has been locked in battles with IBM and other companies over its Unix intellectual property rights, whether any of its Unix code has been stolen into the popular Linux operating system, and other contractual matters, and has continued to see its Unix business decline without seeing any significant victories in the courtroom.

Revenue for its first quarter amounted to $8,865,000. Last year, the company had realized $11,392,000 from the comparable quarter.

Bert Young, SCO’s CFO, blamed the decrease on “the continued competitive pressures on the company’s Unix products and services.”

Multiple industry studies have shown Intel-Unix customers, the core of SCO’s business, moving from Unix to Linux for their server operating system needs.

In addition, SCO still has not been able to make headway with convincing users that they should pay SCO for its Unix intellectual property. The branch of SCO concerned with this revenue stream, SCOSource, reported gross income of only $70,000.

I don’t know about you, but I think that anything bad for SCO is good for the rest of us