Summary
The decline is hardware revenue is re-accelerating.
Growth in cloud revenue is barely offsetting declines elsewhere.
Given sluggish growth and deteriorating profitability, Oracle deserves a discount valuation.
Summary
The decline is hardware revenue is re-accelerating.
Growth in cloud revenue is barely offsetting declines elsewhere.
Given sluggish growth and deteriorating profitability, Oracle deserves a discount valuation.
Thanks
Good thinking
http://seekingalpha.com/article/4012614-oracle-segment-growing-cloud