Oracle: We’re Cloudier Than You Think; CEO Larry Ellison and other Oracle executives sought to counter fears that the company is falling behind to competitors in cloud-based products
December 20, 2013 Leave a comment
Oracle: We’re Cloudier Than You Think
Company Touts Gains in Its Web-Delivered Software; Quarterly Revenue Rises 2%
CEO Larry Ellison and other Oracle executives sought to counter fears that the company is falling behind to competitors in cloud-based products. Reuters
SHIRA OVIDE
Updated Dec. 18, 2013 7:40 p.m. ET
Oracle Corp. ORCL +2.88% had a message Wednesday for Wall Street: We’re cloudier than you think. Investors have been antsy about missed revenue targets and competition from online rivals to Oracle, one of the world’s biggest sellers of software, computer servers and other back-end technologies for big businesses. Read more of this post











