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Database Business Problems at Oracle?

Posted by ryuzaki0 on from the good-but-not-good-enough dept.

abb_road writes "Wall Street responded to yesterday's report of a 42% rise in profits by pushing Oracle's stock down. Despite a 77% increase in applications business, investors are worried that Oracle's core database business remains comparatively stagnant. Though Ellison claims that the DB business will grow in double digits over the next few years, it seems that more companies are switching to open source rather than paying Oracle $40,000 a processor."

1 of 210 comments (clear)

  1. Re:I don't know about open source... by MightyMartian · · Score: 3, Funny

    Your post seems to confirm my working hypothesis that the word "conservative" has become synonomous with "shooting one's self in the foot".

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.