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.®

Build a business case: developing custom apps

More from The Register

next story
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
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.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.