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Sep 19 2008 4:11PM GMT
Posted by: Tom Nolle
Oracle, Database
Oracle DBMS earnings a good sign
Posted by: Tom Nolle
Oracle, Database
Oracle’s DBMS (database management system) business helped boost its revenues by 14% and profits by 28%, offering the first new data point on the tech space, a favorable one. This continues to show that the strategic cycle is not yet derailed, and that would mean that tech spending in 2009 would not be likely to be impacted significantly by the current market conditions. We have a more complete analysis of this situation scheduled in the current issue of Netwatcher, due to be available by around September 25th
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