this post was submitted on 20 Aug 2024
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    True? (lemmy.ca)
    submitted 2 months ago by [email protected] to c/[email protected]
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    [–] [email protected] 72 points 2 months ago* (last edited 2 months ago) (2 children)

    Having Ubuntu with the big bucks instead of Red Hat is mental, given that Canonical made 12M on 250M revenue in 2023 while Red Hat made 434M on 3.4B in 2018. I'm citing these years because that's what's available in Wikipedia. Red Hat is probably more profitable today under IBM. Kinda goes to show the general unawareness of the Linux corporate landscape around here. :D

    [–] [email protected] 5 points 2 months ago

    I don't think red hat is even on the list, so the fact that they're making even bigger bucks doesn't really matter.