A Critical Look at Oracles Revenue Call
Oracle's getting cute with the RAC sales numbers, writes Database Center Site Editor Lisa Vaas. She looks beyond officials' commentary on the company's latest fiscal statements.Oracles Larry Ellison had good reason to preen over Oracles red-blooded, healthy-as-a-horse financial statement, announced Thursday. Net income for the quarter was up 11 percent over year-ago figures, third-quarter revenues jumped 9 percent, and software license sales were up 12 percent. Ellison points to the companys milestone database upgrade, Oracle Database 10g, as being the engine behind this robust growth. For once, hes not just blowing smoke. Financial outfits such as Bear Stearns are citing 10g as providing a "compelling competitive advantage" over database software from rivals IBM and Microsoft. Its a competitive advantage that should persist for years, they say, and one that means Oracle is well on its way to solidifying its position as the No. 1 vendor in the RDBMS market. And make no mistake about itOracles position at the top of the hill in the $13 billion world database market, according to IDCs 2002 figures, has been wobbly as of late.
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