| Red Hat profit drops on expenses |
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Red Hat Inc. posted a profit decline of 25 percent and failed to meet analyst expectations for revenue Thursday, compounding earlier fears that larger competitors may bully the budding Linux provider.
But shares of Raleigh-based Red Hat recovered from an after-hours free fall on speculation that another tech giant could boost Red Hat's standing. Dell Inc. said Wednesday that it would offer the Linux operating system pre-loaded on its desktops and laptops, but it did not identify which Linux distributor would get a deal.
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