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Mozilla earned $78.6 million in 2008

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From the 'Free Software Making $$' files:

Mozilla gives its software away for free, yet year after year they keep making money. For the 2008 year, Mozilla is just now disclosing how much revenue it generated and it was another growth year for the open source group.

Revenue at Mozilla was reported at $78.6 for 2008 which is a 5 percent increase over the $75.1 million reported in 2007. The revenue growth rate appears to have slowed somewhat in my opinion. Back in 2005, Mozilla's revenues were only $53 million.

As has been the case over the last several year the bulk of Mozilla's revenue is driven by search revenues generated from Firefox by Google, Yahoo, Amazon and eBay. So whenever you search using the default start page in Firefox, you're actually helping to support Mozilla.

Digging deeper into Mozilla's financial report shows some other interesting tidbits of information.

For example, Mozilla actually lost $7.8 million (which is taken into account as part of the revenue calculation) from its investments. As well Mozilla's expenses in 2008 skyrocketed by 48 percent to $49.4 million up from $33.3 million in 2007.

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