Stocking rising. Coincidence?
10 replies (most recent on top)
Because it didn't decline 10% last quarter,
Re-read whatvI wrote. I said 10% average decline over the last 10 years. Look again. Do the math. Learn something.
I don't think that the stock's rise has anything to do with the HW division. Sure, it's very profitable and its sales have stabilized, but what's driving the stock price are cloud sales.
Funny how you don’t acknowledge 10% average year over year hw revenue DECLINE
Because it didn't decline 10% last quarter, Look at the latest 10Q statement, It's right there in black and white.The 6 months ending vs the previous year were down just 2%. It's right there, on page 4. 1686M last year, 1658M this year.
It's more than obvious that you haven't even looked at the financial statements.
"There is no greater albatross around the neck of Oracle right now than the hardware related divisions and product lines."
Maybe so, but don't forget horrible executives, lousy management, abysmal employee morale and bad software.
Which makes $2B a year profit. Year after year after year.
Funny how you don’t acknowledge 10% average year over year hw revenue DECLINE, which is PUBLICLY documented in Oracle’s financials.... and by the way, claiming profits in monopoly dollars only cuts it in kindergarten (apparently the world you live in).
Since you are a tad slow I’ll make it easy for you. The quarterly reports are at the link here, and hw revenue is called out separately for each. Read. Learn.
investor.oracle.com/financials
There is no greater albatross around the neck of Oracle right now than the hardware related divisions and product lines.
Which makes $2B a year profit. Year after year after year.
HW simply exists as a supplier for OCI at this point.
Anyone here touting the success of anything related to the hardware division is either a naiive and blinded Sun worshiper, completely delusional, or a troll.
There is no greater albatross around the neck of Oracle right now than the hardware related divisions and product lines.
I know this very well, as an insider. And this albatross will continue to be steadily whittled down to what and where it should be — NOTHING.
The Ax-Man
No coincidence and in fact, quite the opposite. Consistent year over year declines in H/W revenue over the last decade are a drag on the stock and the entire company.
Up in q3 over q2. Meh