Oracle profit rises 4 pct sales drop 5 pct as businesses stay tightfisted; shares fallSeptember 16th, 2009 Oracle net rises 4 pct but sales drop, stock slipsSAN FRANCISCO — Oracle Corp.'s profit rose 4 percent in the latest quarter, matching Wall Street's forecasts, despite a drop in sales that revealed businesses are still being tightfisted about buying new software. The sales figure was short of analysts' expectations, and Oracle's shares fell 4 percent.
Dell profit sinks 23 percent in slumping PC market but edges past Wall Street estimatesAugust 27th, 2009 Dell profit down 23 pct but just beats estimateSAN FRANCISCO — Dell Inc. says its second-quarter profit fell 23 percent as the personal-computer industry's slump dragged on this summer.
Oracle sales down as businesses tighten beltsSeptember 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.
Oracle shares slip after fiscal 1st-quarter revenue falls, missing analyst estimatesSeptember 17th, 2009 Oracle shares slip after 1Q revenue disappointsSAN FRANCISCO — Shares of Oracle Corp. slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses are still reluctant to buy new software.
Oracle President Safra Catz talks about weakness in EuropeSeptember 16th, 2009 On the Call: Oracle President Safra CatzOracle Corp. managed to meet Wall Street's profit forecasts in the fiscal first quarter despite a drop in sales that was caused in large part by weakness in Europe, the Middle East and Africa, a region where revenue was down about 10 percent from last year to $1.64 billion.
Oracle tops forecasts despite sales, profit dip; company blames stronger dollarJune 23rd, 2009 Oracle tops forecasts despite sales, profit dip
SAN FRANCISCO — Software maker Oracle Corp.'s results for its latest quarter topped Wall Street's forecast Tuesday, despite a 5 percent drop in sales and a 7 percent decline in profit. The company blamed the declines on the effects of a stronger dollar — which makes deals done in other currencies translate into fewer greenbacks.
Summary Box: Dell profit sinks 23 percent in slumping PC marketAugust 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.
German software company SAP second quarter net profit rises 4 percent to euro423 millionJuly 29th, 2009 SAP Q2 net profit rises 4 percent to euro423 millionFRANKFURT — German software company SAP AG said Wednesday its second quarter net profit rose 4 percent as better margin growth offset a drop in revenues. The Walldorf-based company reported net profit for the April-June period of euro423 million ($600 million) compared with euro408 million in the second quarter of 2008.
Microsoft says 4Q profit drops 29 percent, posts first full-year drop in sales since IPOJuly 23rd, 2009 Microsoft fiscal 4Q profit falls 29 percentSEATTLE — Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company went public in 1986.
As Oracle prepares to buy it, Sun's loss widens on a 20-percent sales dropApril 29th, 2009 As Oracle readies takeover, Sun's loss widensSAN FRANCISCO — Sun Microsystems Inc.'s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion.
Salesforce.com 2nd-quarter profit surges, tops Wall Street expectations; shares jumpAugust 21st, 2009 Salesforce.com 2Q profit soars, sales climbSAN FRANCISCO — Sales management software maker Salesforce.com Inc. said Thursday its fiscal second-quarter profit more than doubled as the company added thousands of new customers and grew its revenue.
Summary Box: HP's third-quarter profit plunges 19 percent as PC, ink sales remain weakAugust 19th, 2009 Summary Box: HP profit hurt by weak PC, ink salesPROFIT PINCHED: Hewlett-Packard Co.'s fiscal third-quarter profit fell 19 percent despite what the company described as improving conditions in the consumer personal computer market. HP's net profit was $1.64 billion, or 67 cents per share, versus $2.03 billion, or 80 cents per share, in the year-ago period.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.
Pomeroy IT reports sharp drop in 2nd-quarter profit as revenue declines 35 percentAugust 25th, 2009 Pomeroy IT posts lower 2Q profit, salesHEBRON, Ky. — Information technology services provider Pomeroy IT Solutions Inc.
Sun posts $147M loss for the April-June quarter as Oracle takeover loomsAugust 29th, 2009 Sun posts $147M loss as Oracle deal loomsSAN FRANCISCO — Server and software maker Sun Microsystems says it lost $147 million in the April-June period as sales dropped 31 percent. The numbers reflect what might be Sun's last full quarter as an independent company.
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