Thursday, March 27. 2008

Oracle Stock Drops 7.2% on Poor App Sales

We know Wall Street is fickle but this time the numbers add up just fine. Oracle reported Q3 results which disappointed investors because sales of new Oracle application licenses grew just 7% compared to 63% in Q2. While total software revenue grew 21%, Wall Street focused on new applications. It is important to recognize that this is the sweet spot of potential geospatial revenue as well. While we tend to think of only Oracle Spatial/Locator as a feature set, the growth in geospatially-enabled applications, specifically Oracle applications in vertical markets, is where the growth will be. If we see this part of the business slowing, then its likely the adoption of spatially-enable applications will be affected. Caution: this is just a forecast only because in speaking with Oracle at the Oracle Spatial Users Group meeting, interest in vertical applications for spatial are humming along.

Posted by Joe Francica in Oracle at 21:47 | Comments (0) | Trackbacks (0) |

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

Name
Email
Homepage
In reply to	[ Top level ]
Comment	Enclosing asterisks marks text as bold (*word*), underscore are made via _word_. Standard emoticons like :-) and ;-) are converted to images. E-Mail addresses will not be displayed and will only be used for E-Mail notifications To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information?   Subscribe to this entry