Canonical Will Win Even If Ubuntu Edge Doesn't Make Its $32 Million

Summary: It looks less and less likely that Canonical will raise the $32-million it needs for the Ubuntu Edge. So what! It won't matter in the long run.

Canonical , Ubuntu's parent company, made a bet. It wagered that there were enough visionaries out there to crowd-source 32-million dollars for the first Linux-powered combination smartphone/PC, the Ubuntu Edge. It seems that the company will lose that wager, but in the long-run, I think Canonical will rise from the gadget gaming table a winner.

First, even with Bloomberg backing the Ubuntu Edge campaign, the odds are growing against the Ubuntu Edge project reaching its goal. Even dropping the device's price to $695 on August 8th hasn't been enough to kick-start the project. As of August 11th, with 10 days left in the Ubuntu Edge Indiegogo campaign, Canonical has raised only $9.5-million toward its goal.