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Oracle defies the economy – and the curse of Sun

Declining hardware sales, a rocky global economy, and a tough compare with the prior quarter did not slow down Oracle much in its first quarter of fiscal 2012 ended August 31. But these factors did slow it down a little. However, it was not enough to keep Oracle's profits from rising nicely as the company wrings costs out of the Sun Microsystems business it acquired in early 2010 and benefits from its control over a large expanse of the software landscape.
21 Sep 00:00 | 24

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