Open Sources | Rodrigues & Urlocker | InfoWorld | Where Oracle went ::
Heres a slide that hits the mark dead on: Oracle needs to position itself at the center of a vibrant ecosystem, and not as
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Oracle reported quarterly results late Monday that were largely in line with Wall Street expectations.
Oracle's sales grew 26% to $4.16 billion, and earnings rose 18% to 22 cents a share, both matching estimates.
Software sales rose 23% to $3.2 billion, with database and middleware new license sales up 9% and applications new license sales up 28%. Retail software new license sales more than tripled. Services revenues grew 41% to $949 million. Suns Low-Cost Computing Model Hits the Mark With Retail Leaders::
Plus, Suns expanded alliance with Oracle makes the value proposition even more appealing. Together, Sun, Oracle and Tomax offer an integrated solution to address the
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"We continue to gain market share in applications from SAP, in middleware from BEA, and in database from IBM," Oracle president Charles Phillips said in a statement. "In Q2, our middleware new license growth was exceptionally strong. We expect to pass BEA in total middleware new license sales later this year." Oracle-PeopleSoft merger hits one-year mark : News : Software - ZDNet Asia::
While the newly combined company has largely moved ahead as planned, the overall the Oracle-PeopleSoft merger has hit its one-year anniversary mark, with
http://www.zdnetasia.com/news/software/0,39044164,39304496,00.htmHOME |
Still, with the stock up 40% this year and analysts cautious about the company's database business, Oracle shares shed 2% in late trading. The company said some contracts that didn't close by quarter's end are expected to close soon. Consumer Sentiment Worst in 28 years- Market Hits Inflection Point ::
Consumer Sentiment Worst in 28 years- Market Hits Inflection Point :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website
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The broader market fell Monday ahead of wholesale inflation data due out Tuesday morning. Technology shares led the way lower.
Google fell 3.6% on a cautious article in the Wall Street Journal, and Apple continued to face selling pressure.
Embarcadero tumbled after a buyout deal fell through.
The Nasdaq fell 21 to 2435, the S&P 500 lost 5 to 1422, and the Dow slipped 4 to 12,441. Volume fell to 2.57 billion shares on the NYSE, and 1.96 billion on the Nasdaq. Decliners led 21-11 on the NYSE, and 21-9 on the Nasdaq. Downside volume was 62% on the NYSE, and 72% on the Nasdaq. New highs-new lows were 235-24 on the NYSE, and 141-48 on the Nasdaq.
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Oracle Hits the Mark