SCO Revenue Drops 99%

22 Dec, 2004 at 10:52pm ET Article published in Tech

Turns out that SCO’s tatics of suing everybody in existance are continuing to backfire as their revenue from licensing agreements has dropped from just over $10 Million from the same time last year to around $120,000 this quarter; a loss of 99% in revenue dollars.

Software outfit SCO said it made a loss of $6.5 million, with revenues falling 60% to $10.1 million. But its licensing revenues fell down the elevator shaft or the toilet – take your pick. In the same period last year its revenues from SCO were $10.3 million.

Submitted by: Camman

Big surprise there eh? -KF

Source: The Inquirer

Comments

22 Dec 2004 ~ 11:12pm Armo AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHAHAHAHAHAHA

nothing like a suicide dive into a concrete slab
23 Dec 2004 ~ 1:52am DanG Hahahaha, they are so :Pwned:
23 Dec 2004 ~ 2:04am Thrax Look children! A potent lesson in capitalism and the downfalls of corporate strong-arming gone awry!
23 Dec 2004 ~ 9:07am -Ben Reap what you sow.
23 Dec 2004 ~ 11:53am EyesOnly they had it comming.
23 Dec 2004 ~ 12:14pm deepsea I'm sure there was some CEO type that was making the case for suing all their customers...think he's still employed?
23 Dec 2004 ~ 9:42pm Sputnik additionally, most of high upper management (including the CEO) were fired a couple of days ago
23 Dec 2004 ~ 9:46pm danball1976 That's what you get for claiming that you own an open source patent.
23 Dec 2004 ~ 10:09pm primesuspect Forget that... That's what you get for losing your focus and not trying to make money the honest way - by marketing a valid product. Instead, this asswipe administration decided they could litigate their way to the bank. Screw them, they got what they deserved. It's idiots like them that are responsible for this litigous society that we live in.
25 Dec 2004 ~ 12:28pm celcho amen, brian.

the courts have played along with the lawyers to make it possible, though.
25 Dec 2004 ~ 12:41pm gibbonsl

danball1976 wrote:

That's what you get for claiming that you own an open source patent.

new Avatar?
27 Dec 2004 ~ 10:27pm Sco sucks Im so glad there lossing profit i hope they go bankrupt
they are evil claming to own linux source code
28 Dec 2004 ~ 2:20am danball1976

gibbonsl wrote:

new Avatar?

Yes...
(wonders why he would ask )