Oracle posts flat 3Q sales, but claims growing cloud revenues

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Larry Ellison on stage. Stock photo.
Image:

Larry Ellison on stage. Stock photo.

Ellison claims that customers are turning to Oracle for integrated cloud applications

Oracle has reported revenues down one per cent to $9.6 billion in the quarter to the end of February - in line with analyst expectations, but with a small rise in "cloud services and licence support" failing...

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