People at Oracle must sometimes feel like they’re living in Mark Twain’s reality. After hearing that his obituary had been published in the New York Journal, Twain published a quip for the ages when he wrote, “The reports of my death are greatly exaggerated.” So too with Oracle. Ever since its earnings miss for its first fiscal quarter, a chorus of financial analysts have predicted doom. To be honest, some of Oracle’s moves in the market, like its approach to software audits, have not bolstered contrary claims.
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Oracle’s Growing Pains
Posted by: Denis Pombriant October 3, 2018 05:00 AMPeople at Oracle must sometimes feel like they’re living in Mark Twain’s reality. After hearing that his obituary had been published in the New York Journal, Twain published a quip for the ages when he wrote, “The reports of my death are greatly exaggerated.” So too with Oracle. Ever since its earnings miss for its first fiscal quarter, a chorus of financial analysts have predicted doom. To be honest, some of Oracle’s moves in the market, like its approach to software audits, have not bolstered contrary claims.