I guess there's life in them old proprietary software bones yet. At least, there is for Oracle. As "cave men" go, Oracle is evolving very quickly, as Jason Maynard (Credit Suisse) notes:
Some of the key highlights from the call were 21% y/y cash flow growth, a re-acceleration of the technology business to 15% growth, and 46% operating margins in Q4. We think the vertical applications acquisition strategy is proving to be an effective tool to win both new accounts and pull through additional middleware and database products. Oracle appears to be gaining share in the application server market and continues to separate from its database competitors like IBM. Oracle?s Q1 guidance was also better than expected as the company expects new software license revenue to grow 20%-30% significantly ahead of our expectation of 10%+....
The strength in the quarter …
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