Oracle Q4 net income rises 36 percent

Thank you for using rssforward.com! This service has been made possible by all our customers. In order to provide a sustainable, best of the breed RSS to Email experience, we've chosen to keep this as a paid subscription service. If you are satisfied with your free trial, please sign-up today. Subscriptions without a plan would soon be removed. Thank you!

Oracle's net income for the fourth quarter ended May 31 rose 36 percent to $3.2 billion over the same period last year, results that reflect growth in software sales but a slight dip in hardware revenue, the company reported Thursday. Total revenue for the quarter grew 13 percent to $10.8 billion.

New software license sales, which are considered a key indicator of growth and customers' attitude toward IT spending, rose 19 percent to $3.7 billion.

admin 24 Jun, 2011


--
Source: http://www.infoworld.com/d/the-industry-standard/oracle-q4-net-income-rises-36-percent-218?source=rss_
~
Manage subscription | Powered by rssforward.com

Post a Comment

emo-but-icon

Most Top Article

Follow Us

Hot in week

item