Oracle attributes cloud sales for revenue increase as software licence sales continue to decline

Sooraj Shah
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Oracle attributes cloud sales for revenue increase as software licence sales continue to decline
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Oracle attributes cloud sales for revenue increase as software licence sales continue to decline

Cloud revenues of $1.19bn enough to cover software licence sales down by 15 per cent

Oracle has attributed a bigger than expected increase in revenues and profits in its fiscal third quarter on a sharp increase in demand for cloud-computing services. In an earnings call last night,...

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