Profit jump for Oracle
Oracle has made in the past quarter of a leap in profits. The yield increased loud message in the end of November completed second fiscal quarter, year over year by 18 percent to 2.58 billion dollars (1.95 billion euros). The sales increased 3 percent to $ 9.09 billion, as the company after U.S. market closing announced on Tuesday. The figures were largely on the expectations of the analysts.
Business with new software licenses and cloud subscriptions - a key indicator for future development - increased by 17 percent to 2.4 billion dollars. Overall, the software sector increased sales by 10 percent to $ 6.65 billion.
Oracle had stuck in the past months in acquisitions in the cloud computing. Among others bought Oracle CEO Larry Ellison focused company like Taleo and RightNow Technologies.
On hardware such as servers and storage, Oracle has opposed currently little joy. Sales of equipment fell by 23 percent to $ 734 million and well below analysts' expectations. In related services revenue decline was a decline of 6 percent to $ 587 million from less steep.
Oracle had acquired with the 2010 server specialist Sun Microsystems. Ellison defended again after the quarterly results the Sun takeover: It was one of the most farsighted and profitable acquisitions that Oracle had brought a technological advantage.
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