Oracle's Amazing Earnings Call
I had to punch myself. It was almost as if it were a play staged among tech executives in a bygone era, one when you could expect stocks to gap up instantaneously and then never look back.
I'm talking about Tuesday night's Oracle (ORCL) conference call. There were record numbers everywhere; new software and cloud revenues were up 18%; and the U.S. business was on fire, up 22%. Europe was incredibly strong, with 12% growth and an expansion of headcount because there is so much business to take. How strong was Europe? It came in just a percentage point behind the great growth area that is Asia pacific....583 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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