Oracle Is Losing Share
Three years after its $7.4 billion acquisition of workstation maker Sun Microsystems, database kingpin Oracle continues to have trouble in the server market.
Oracle's worldwide revenue share plunged 27.2 percent in the first quarter to 4.6 percent compared with 5.9 percent in the similar quarter one year ago, according to Gartner.
Oracle's hardware systems product sales for its third fiscal quarter ended Feb. 28 dropped 23 percent to $671 million compared with $869 million in the same quarter one year ago.
Oracle CEO Larry Ellison (pictured) has pledged that 2014 will be a "big growth year" for the company's hardware business.