Dec 17, 2010

Oracle Earnings excellent. Preparation invade the server market and high-Ching HP IBM.


Oracle announced its financial results for the second quarter. (Around the operations of the Company) is higher than forecast. Revenues reached $ 8.6 billion, excluding one-time revenue. The net profit is up to 1.87 billion dollars from 1.46 billion during the same period last year.

Impressive gains this pressure to Oracle's shares up 6% immediately, and Oracle also expects third quarter revenue in the face of software should be more between 10 to 20%.

On stage, Larry Ellison announced its financial results for this opportunity to mention Oracle's Exadata machine that invaded the market are IBM and HP. They claim that in actual use it's not surprising that Exadata is faster than the competition 10 times analysts indicate that this client command computer Exadata have to wait up to two months to get equipment that is the Oracle must Development of supply chains continue to.
With good performance, safe One must say that Larry Ellison is a business that should be given more attention.

Source – Blognone, The Street, Market Watch.

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