Red Hat, a titan among Linux software companies, is out with strong quarterly numbers along with some commentary from new chief executive Jim Whitehurst. The New York Times referred to the positive financial performance as a
welcome present for Whitehurst, but I really see it as proof of the efficacy of Red Hat's open source business model: Deliver strong products and get revenues from support.
Red Hat's quarterly sales rose 27 percent and earnings were above analysts' conencus estimates. The company is forecasting growth of 30 percent for the fiscal year that it just begun. How is the company putting all this together, and can it stay independent?