For the time being, Oracle seems to have defied a global trend toward a slowdown in the technology market, which even its archrival, Microsoft, could not avoid. Is it only a matter of time before economic realities knock on Oracle’s door?
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Sails Despite Market’s Low Tide; How Far Will It Go? Oracle Sails Despite Market's Low Tide; How Far Will It Go? P.J. Jakovljevic - January 12, 2001 Event Summary In December, Oracle Corporation , the largest database provider and one of the largest providers of software applications for e-business, announced that second quarter net income increased 62% to $623 million, while revenue grew 14.5% to $2.7 billion. This compares to $2.3 billion in revenue and $384 million in net income in Q2 last year.