Oracle 3Q earning annoucement - 3 21

Oracle blew past expectations on all counts: database vs application license. It validated Oracle's strategy of expansion through acquisition. Oracle made some tweaks to its sales strategy, cutting the amount of time sales staff spent in meetings and other activities that didn't involve selling. The product in the pipeline will be "Fusion", which aims to combine the best aspects of Peoplesoft, Siebel, and Oracle's own software.