Feeds

Oracle busts through own forecasts for Q4

Can't they get software to predict this stuff properly?

Security for virtualized datacentres

Oracle was full of itself yesterday after announcing it would exceed financial targets for its fourth quarter.

The software giant said revenues were set to come in at $4.85bn, up 25 per cent. It had previously forecast 13 per cent to 17 per cent growth. This will deliver net income of $1.3bn, up 27 per cent, or $1.5bn non-GAAP, up 13 per cent. This means earnings per share of $0.29, compared to previous guidance of $0.26 to $0.28.

New software licences delivered a big kick to the numbers, up 32 per cent to $2.12bn, compared to earlier guidance of 8 per cent to 18 per cent growth. Oracle’s acquisition spree has helped boost revenues. Database revenues were up 18 per cent, while total app revenues were up 83 per cent. Even when the big buys of Siebel and Retek were stripped out, apps were up 56 per cent®.

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.