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Five Companies That Came To Win This Week

For the week ending March 25, CRN looks at five companies that brought their 'A' game and made moves to beat out competitors.

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Oracle Racks Up Solid Quarter, Ups Ante In HP Trash Talk



Oracle has been talking a lot of trash recently, much of it directed toward HP, and now we're starting to see what's behind that bravado. In its fiscal third quarter earnings this week,Oracle reported a 78 percent jump in profit and a revenue increase of 37 percent.

Interestingly, hardware system sales were $1.04 billion in the third quarter while hardware support generated another $629 million. Hurd also touted the growing demand for Oracle's Exadata database server and Exalogic cloud platform server. While Co-President Safra Catz said it's impossible to calculate exactly how much the former Sun products are contributing to Oracle's bottom line, she said that roughly $1.5 billion of the fiscal 2011 operating profit will come from Sun products.

CEO Larry Ellison was tied up with jury duty and couldn't make the call, but Oracle Co-President Mark Hurd cheerfully delivered the good news to investors. "Frankly, we’re just executing on all fronts," Hurd said in a conference call with financial analysts. "Q3 was a great quarter."

 
 
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