Red Hat Inc. (RHT) News

JOHANNESBURG, SOUTH AFRICA, Jul. 23, 2010 (Marketwire) --

JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 07/23/10 -- www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the application software industry, and offers free research on industry players SAP AG and Red Hat Inc. Register today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The application software industry has not been immune to the ailing global economy. However, computer sales rose 22.4% globally. PCs and mini-notebooks comprised the majority of the sales. This is vital for the application industry because there has always been a symbiotic relationship between software and hardware. The return of hardware sales brings good news for software developers, especially those who primarily build applications for the mini-notebook and netbook. Netbook sales grew 20% in the second quarter after two consecutive quarters of 70% growth. The netbook's success has been fueled by users seeking mobility, function and lower costs. Such rapid growth can give smaller software companies like Red Hat Inc. (NYSE: RHT) a chance to make an impact. Access free research on Red Hat Inc. now by signing up at http://wallstreetequityresearch.com/July232010RedHatInc.(RHT)230710.php

The other area to watch in the software application industry is the smart phone. 60 million smartphones were sold in the 2Q, up 30% from the 2Q last year. The success of many different smartphones results in multiple platforms for software developers to work in. Online application stores have also made it easy for developers to lower distribution costs and expand their customer base. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the technology sector.

The application software industry is also seen a number of M&A of late. This week the European Commission gave its blessing to SAP AG (NYSE: SAP), the German-based business software maker, to go ahead with the $5.8 billion takeover of U.S. database software maker Sybase. For many industry experts in the software space, this merger comes as a strategic competitive move for SAP. Register today at http://wallstreetequityresearch.com/July232010SAPAG(SAP)230710.php to download the full report on SAP AG.

www.wallstreetequityresearch.com is a specialized website where investors can have specific access to free reports on application software industry; traders looking for analyst opinions on SAP AG, Red Hat Inc. and other players in the industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/

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