1 Oracle new software sales rise - IBTimes UK

Oracle new software sales rise

December 18, 2012 9:21 PM GMT

Technology giant Oracle Corp reported that new software sales and cloud software subscriptions rose 17 percent from a year earlier to $2.4 billion in its fiscal second quarter ended November 30, beating its own forecasts.

The world's No. 3 software maker had forecast that new software sales would climb 5 to 15 percent from a year earlier when it last reported earnings, on September 20.

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(Reporting By Jim Finkle; Editing by Gary Hill)

Copyright 2012 Thomson Reuters. All rights reserved.

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