Posted AT 5:59 PM EST on 26/03/08
Oracle software sales disappoint
BOSTON Oracle Corp., the world's No. 3 software maker, posted quarterly revenue that missed Wall Street expectations Wednesday, driving its shares down 8 per cent and pushing down stocks of some other software makers.
“Customers got a little more cautious toward the end of the quarter,” Oracle chief financial officer Safra Catz said.
While earnings for the quarter ended Feb.
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