Oracle's revenue for the third quarter
of fiscal year 2008 rose 21 per cent year on year to $5.3bn (£2.6bn), with net
income up 30 per cent to $1.3bn (£646m).
Total software revenue rose 21 per cent to $4.2bn (£2.1bn), with new software
licences for database and middleware software showing strong growth in a
competitive market.
“Database and middleware new software licence revenue growth accelerated to
20 per cent in the third quarter,” said Oracle president Charles Phillips. “We
continue to grow faster and take market share from
IBM.”
Existing software licence updates and product support accounted for $2.6bn
(£1.3bn), 25 per cent up on the same period last year, with service revenues
growing 21 per cent to $1.1bn (£546m).
Oracle's acquisition strategy appears to have paid off. The company has
considerably expanded its software portfolio through the buyouts of 39 different
companies since 2005, including PeopleSoft, Siebel and BEA.
EXCEPTIONAL .NET (ASP / VB / C#) DEVELOPER – SURREY HEDGE FUND My client is a CASH RICH leading Microsoft Technology focused Hedge Fund currently experiencing unrivalled success – they need to bring on fresh ... more >
Position: Software Developer – Modelling / Simulations Salary: £27-37,000 Location: Luton, Bedford, Milton Keynes Apply to: a.ross@jamrecruitment.co.uk This is an excellent chance to join one of the UK’s leading Defence businesses operating at the forefront ... more >
Position: Software Engineer – C/C++/GUI/UML Salary: £30-40,000 Location: Leicester Apply to: a.ross@jamjobs.co.uk This is a fabulous opportunity to join a globally recognised organisation working as part of a team taking innovative and cutting edge solutions ... more >
Position: Embedded Software / Systems Engineer Salary: £25-40,000 Location: Barrow, Cumbria, Carlisle, Lake District Apply to: a.ross@jamrecruitment.co.uk (inc salary expectations, availability and notice period) This is an exciting opportunity to join one of the UKs ... more >More job opportunities
Print
Discuss
Send to friend
RSS feeds
Software giant aims to shake up the middleware market with latest purchase 24 Jan 2008
UK users express mixed opinions about Oracle products 06 Dec 2007
del.icio.us
Digg this
reddit!
