DOA/NPA deals over the years was the only option for LE to keep his massive debt manageable.
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It’s all c-ap. Oracle cloud has no chance. It’s a dying company.
Oracle is in Good Growth Path compared to other companies in Cloud revenue. It missed total revenue but might bounce back. (Its cloud revenue jumped from 975 in 2019 to 1012 in 2020).
If you compared 2019 report and 2020 report, it has slowed down (from 15 to 11) its old acquisition strategy which is good indicator that Oracle is building its own competency and development. Oracle is completely turning towards cloud and is in transformation stage.
It has to clean some of its product portfolio's to renew its competitiveness in market.
Specially in Hardware and Services area where the revenue margin is low and expenses too.
Oracle hasn't layoff to keep its 2020 expenses very low 69 which might bounce back.
Safra doing the usual smoke and mirror show. Next quarter is when we will RRALLY grow. Borrowing $20B for financial engineering of EPS. Proud of cost savings via employee quota bonuses being reduced. Bet you a $ Safra and Larry will make their Bonus no matter what the sales are. SC and MH were the most overpaid CEO’s based on actual results delivered.
Another quarter and year of treading water. Another earnings beat funded by old database maintenance and cheap barrowing used for stock buybacks. What an exciting and innovative place to work. Your finance organization should be commended.
Doesn't seem particularly bad. Every quarter people expect dramatic announcements and they don't happen. The existing customer bases is moving to OCI / Fusion and the odd company will choose OCI instead of a rival.
There's going to be limited growth (the next generation of companies aren't going to be pick an Oracle RDBMS) but the company will be able to milk the existing customer base for decades.