Wednesday, September 20, 2006

Acquisitions Help Oracle Profit Climb 29% - New York Times

Juggernaut... 

Sales of new licenses for database software increased 15 percent, to $576 million. Oracle executives said much of that came from increased sales of add-on products for Oracle’s core database software.

Sales of application software, which includes, for example, programs for automating human resources processes and managing inventory, grew 80 percent. Mr. Stimson said that much of the growth was from acquisitions, and that it would take several quarters before a direct comparison would be possible.

Source: Acquisitions Help Oracle Profit Climb 29% - New York Times

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