Nothing ever ceases to amaze me when I see MH BS his way through an interview. Here are some of his outrageous comments that are misleading at best.
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MH reiterates that Oracle will grow revs double digits this calendar year. Really??? Oracle has had flat revs for the last 5 years.
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MH claims that the Company's EPS is strong. Yes, EPS has improved, but not because of sales. EPS expansion has only benefited from cost cutting (layoffs) and a significant increase in stock buybacks.
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Regarding the SaaS business, MH claims that Fusion "is growing at 60% plus" and Oracle is "gaining material material amounts of market share" in Fusion and Netsuite. These statements are, in my opinion, materially false and that is why Oracle has guided down in cloud revenue projections over the past quarters. My favorite comment was when MH stated that Oracle has "a fantastic lead" right now in the cloud space. Lead over who?
MH failed to mention the impact of cloud washing at the Company.