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Oracle misses on revenue, beats on profits, will spend $10 billion on buybacks

2016-03-15 23:38:16| IT Services - Topix.net

Oracle is generally playing catch up in the cloud world, but its cloud is selling well, so that's why it is touting impressive growth numbers. Total cloud revenues this quarter in the areas where it competes against Salsforce were REDWOOD SHORES, CA -- -- 03/15/16 -- Oracle Corporation today announced fiscal 2016 Q3 results.

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