Oracle met analysts' estimates of $0.53 per share but fell short of expected revenues by $210 million. Software sales were up six percent.
Despite the tensions between the two companies over new Oracle Co-President Mark Hurd, HP and Oracle coexist peacefully at OpenWorld.
Software company reports earnings of $2.11 billion on revenue of $8.76 billion for the fiscal third-quarter. It also says it will hit Sun profit target for the year.
Later today, as Salesforce CEO Marc Benioff kicks off his company's Dreamforce conference, he'll announce a push into Oracle's territory: databases.
Data base giant unveils Oracle Cloud, and effort that has been under development for six years.
Oracle reports strong fourth-quarter earnings as database and application sales surge, but hardware system revenue was a bit light relative to expectations.
Oracle's software revenue--applications, middleware, and databases--was solid, but hardware sales lagged.
As this historic year wraps up, let's take a look back at what shaped the burgeoning cloud computing market in 2010. Of course, with the holidays upon us, it only seems right to choose the top 12.