A Good Omen From Oracle

The bigger a business gets, the more complicated it becomes. The more complicated a business becomes, the larger its IT needs get. That is my five-second summary on Oracle's (Nasdaq: ORCL) basic raison d'etre and why I continue to be optimistic about the company's future. 

The Quarter That Was 
Oracle generally has a reputation for delivering the goods, and this quarter was no exception. Although revenue was in line with the average analyst guess, 39% growth to about $9.5 billion was a solid result. Even stripping out the non-organic boost from the acquisition of Sun, 12% growth was a solid result. Oracle also delivered very solid operating performance and beat the bottom-line estimate (adjusted for items) by more than 10%. (For related reading, take a look at The Wonderful World Of Mergers.) 


For the full piece:
http://stocks.investopedia.com/stock-analysis/2010/A-Good-Omen-From-Oracle-ORCL-SAP-CRM-BMC-INFA-RHT-VMW0628.aspx