Canonical is not cash flow positive

Posted by red5 on Oct 27, 2008 10:49 PM EDT
InternetNews.com; By Sean Michael Kerner 		Mail this story
Print this story

Ubuntu Founder Mark Shuttleworth admitted today his company is not cash flow positive. That's despite the fact that Chris Kenyon, director of business development at Canonical told me that Canonical has 8 million users and growing revenues. On a conference call with press and analysts today, Shuttleworth said some really amazing things about his business and it's lack of currently profitability and his view that the money isn't on the Linux desktop.

Full Story

  Nav
» Read more about: Groups: Ubuntu, Linux; Story Type: News Story

« Return to the newswire homepage

Subject Topic Starter Replies Views Last Post
Canonical is not cash flow positive garymax 26 2,154 Oct 28, 2008 11:10 PM

You cannot post until you login.