Feeds

Super Q4 for Oracle

Claims of eating IBM's lunch

Reducing security risks from open source software

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.®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple ran off to IBM
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
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
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
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.
Reducing security risks from open source software
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.