"Cloud is fundamentally more profitable than on-prem, so says vested interest Oracle's Safra Catz"
^ Now that is more like it.
Revenue growth of 4 per cent was not enough for Oracle to appease market watchers as the omnipresent software vendor's shares slumped following the release of its latest quarterly financials. Big Red confirmed revenue went up 3.8 per cent year-on-year to $9.728bn for Q1 of its fiscal 2022 ended 31 August, yet this was lower …
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