Saturday, December 18, 2010

Solaris still rocks

I'm going to be truthful i was kinda worried about the future of Solaris when Oracle bought the company. now after reading through the results of the fiscal year 2011. Think that solaris still has a fighting chance. I love it IBM and HP can kick rocks lol :). After reading the following url:

http://www.theregister.co.uk/2010/12/17/oracle_q2_f2011_numbers/

Oracle Corporation (NASDAQ: ORCL) today announced both fiscal 2011 Q2 GAAP and non-GAAP total revenues were up 47% to $8.6 billion. Both GAAP and non-GAAP new software license revenues were up 21% to $2.0 billion. GAAP software license updates and product support revenues were up 12% to $3.6 billion, while non-GAAP software license updates and product support revenues were up 12% to $3.7 billion. Both GAAP and non-GAAP hardware systems products revenues were $1.1 billion. GAAP operating income was up 27% to $2.8 billion, and GAAP operating margin was 32%. Non- GAAP operating income was up 33% to $3.8 billion, and non-GAAP operating margin was 44%. GAAP net income was up 28% to $1.9 billion, while non-GAAP net income was up 34% to $2.6 billion. GAAP earnings per share were $0.37, up 27% compared to last year while non-GAAP earnings per share were up 33% to $0.51. GAAP operating cash flow on a trailing twelve-month basis was $9.1 billion.

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