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IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

IT Briefcase Exclusive Interview: New Solutions Keeping Enterprise Business Ahead of the Game

with Sander Barens, Expereo
In this interview, Sander Barens...

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

IT Briefcase Exclusive Interview: The Tipping Point – When Things Changed for Cloud Computing

with Shawn Moore, Solodev
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Driving Better Outcomes through Workforce Analytics Webcast

Find out what’s really going on in your business...

Legacy Modernization: Look to the Cloud and Open Systems

Legacy Modernization: Look to the Cloud and Open Systems

On the surface, mainframe architecture seems relatively simple: A...

Still keeping your hybrid power systems indoors?  It’s time for change.

Still keeping your hybrid power systems indoors? It’s time for change.

Mobile telecommunications network equipment is expected to work without...

Oracle’s Results Surpass Analysts’ Expectations

June 19, 2012 No Comments

SOURCE: The New York Times

Oracle reported financial results that exceeded Wall Street’s expectations and said it would buy back up to $10 billion of its shares. But the bigger surprise was the timing of the company’s announcement; the numbers were not expected to be released until Thursday.

Oracle reported an 8 percent increase in net income that topped analysts’ predictions. Oracle also posted a 7 percent gain in its sales of new software licenses, indicating that there was still strong demand for technology that helps businesses automate administrative tasks.

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