Thursday, September 22, 2011

Oracle makes good business with software

Oracle makes good business with software

The U.S. software giant Oracle deserves dazzling. The big money comes from the traditional software field, while the expensive bought-in server division in the fiscal first quarter was once again behind the same period last year was. Were mainly the low-end server is selling worse, said Oracle President Mark Hurd on Tuesday, according to a release.


Turnover and profit trend of the past five quarters, investors looked over it and let the stock rise by more than 1 percent nachbörslich. Because the bottom line is the wrong result: The net profit rose 36 percent to 1.8 billion dollars (1.3 billion euros). The big leap came through savings. Sales for the same period by 12 percent to 8.4 billion dollars.

Oracle is the number one database software, but increasingly penetrates through acquisitions into new business areas. In addition to such well-known software companies like Siebel or PeopleSoft, Oracle verleibt for 7.4 billion dollars and the server specialist Sun Microsystems, and entered new territory. In terms of hardware, there is a very strong competitive pressure.

Oracle CEO Larry Ellison announced next week for the new processor SPARC T4. Furthermore, a new high-end server called SPARC is super cluster come on the market, which includes the T4. The quarterly dividend imposed by the Board at $ 0.06 per share.

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