Red Hat has posted $10.7M profit amid a 53% increase in sales.

"Red Hat continues to enjoy its reign in the corporate GNU/Linux world and has posted more than $10 million in profit report. With 98,000 enterprise subscriptions signed last quarter, the company's CEO couldn't be more happy with where the business is heading. Although Red Hat has decided to end the product line for home users, they didn't entirely abandon the community and have set up the Fedora Project to carry out the task of providing a free GNU/Linux distribution."

A strong Linux distro with an even stronger corporation behind it, I am sure that Red Hat will continue to take Linux boldly into the future.

More here.