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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."

2 of 210 comments (clear)

  1. Business is wising up by Anonymous Coward · · Score: -1, Troll

    It's amazing the CIOs hadn't figured it out before: mysql is free and reliable. Oracle is expensive.

    Now if they can just figure out they don't have to pay Steve Jobs or Bill Gates for their operating system, spread sheets and email clients.

    Bottom line is Oracle, Apple, Microsoft and Intel are facing serious competition from OSS, Linux, mysql and AMD.

    The times they are a changin'

  2. Re:It's about sales, not technology or open source by Anonymous Coward · · Score: -1, Troll

    a former employer of mine had decided to go with DB2 (before the company went under) because it was a fraction of Oracle's $250,000 price for a relatively small system.


    News flash: companies that are about to go under choose IBM over Oracle