Thursday, September 18, 2008

Oracle’s Income Rose 29% in Quarter - NYTimes.com

Impressive...

The database and business software maker reported first-quarter revenue rose 18 percent to $5.3 billion, compared with $4.53 billion in the quarter a year ago. The sale of new software licenses, a closely watched measure, rose 14 percent, and revenue from software license updates and product support was $2.94 billion, an increase of 23 percent. Larry Ellison, the chief executive, focused on the company’s market share gains. “Oracle’s 49 percent market share in the survey year 2007 was greater than the market share of the next four vendors combined: I.B.M., Microsoft, Teradata and Sybase,” he said in a statement.

Oracle’s Income Rose 29% in Quarter - NYTimes.com

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