Feeds

Super Q4 for Oracle

Claims of eating IBM's lunch

Boost IT visibility and business value

Oracle has claimed its database and middleware operations stole business from competitor IBM during a fiscal fourth-quarter that met increased expectations.

Chief executive Larry Ellison spent Thursday crowing about 18 per cent growth in Oracle's database and middleware business during the last three months of fiscal 2006 along with a nine per cent increase for the full year.

"We are growing faster than the overall database market because we are winning share from competitors," Ellison said in a statement as Oracle announced the results. In previous quarters Oracle has seen its largest database growth on Linux.

Applications, a problem area in previous quarters, saw new license sales grow 53 per cent organically and 83 per cent with acquisitions included. Oracle bought 18 software companies during the period for fiscal 2005 and 2006.

Total income surged 27 per cent to $1.3bn for the three months to May 31, as revenue hit $4.8bn, a gain of 25 per cent, and earnings per diluted share increased five cents to $0.25. Oracle foreshadowed the numbers by upping its expected earnings last week.

For the year, Oracle reported a 17 per cent jump in total income to $3.3bn on revene of $14.3bn, an increase of 22 per cent. EPS hit $0.64, an increase of nine cents. Not that Oracle wasn't paying for last year's acquisition-rich diet. Operating expenses increased 24 per cent to $9.6bn for the year while Oracle experienced a 21 per cent growth in expenses for the fourth quarter to $2.9bn.®

Maximizing your infrastructure through virtualization

More from The Register

next story
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.