“Oracle Corp. on Tuesday reported a 36% jump in profit in its fiscal first quarter, aided by strong gains in new software license sales,” Benjamin Pimentel reports for MarketWatch.
“Oracle reported a profit of $1.84 billion, or 36 cents a share, compared with a profit of $1.35 billion, or 27 cents a share, for the year-earlier period,” Pimentel reports. “Revenue was $8.37 billion, up from $7.5 billion. Adjusted income was 48 cents a share.”
“Analysts had expected the Redwood City, Calif.-based company to report earnings of 47 cents a share, on revenue of $8.36 billion, according to a consensus survey by FactSet Research,” Pimentel reports. “The company’s new software license sales rose 17%, Oracle co-President Safra Catz said in a release.”
Read more in the full article here.
Oracle Daily news?
Larry Ellison was long time member of the board at Apple after Steven Jobs returned there. Also, Ellison is actual Jobs’ friend, so if MDN publishes news about Steven Wozniak, who is not friend since at least early 1980s, then some major Oracle new might be relevant to the picture. Especially in the scale of whole Apple-MS-Google-Oracle-Intel-et-cetera circle of powerhouses.
Android-related? – probably too soon…
Looks like sticking it to your customers pays off for these guys.
I personally can’t wait to get the hell off Oracle and their ridiculous pricing model.
I think the article is meant to be a harbinger of the result Oracle is likely to get from Google. A big increase in licensing. And since Apple is battling Google, this is like a proxy, thus MDN’s interest in it.
I wonder how big a quarter they will have once Oracle manages to extract a whopping licensing fee from Google for stealing their software. It’ll be banner news for investors I’d think.