Oracle has reported its first quarter earning, and the figures look quite impressive. Oracle reported a net income earning of $840 million. This increase in earnings were due to the impressive line up of products, which it has recently included from acquisition of various companies like that of Hyperion solutions, stellent, Metasolv and various other software maker.
Oracle is into manufacturing of business database, and No 2 in business application behind Germany’s SAP AG. So those holding Oracle shares have much to rejoice this week and for the coming weeks.