The Traderszone Network

Published in TZ Latest News 16 September, 2015 by The TZ Newswire Staff

Oracle revenue forecast disappoints as license sales continue falling

Like its rivals such as SAP (SAPG.DE), IBM Corp (IBM.N) and Microsoft Corp (MSFT.O), Oracle is striving to boost Internet-based software sales to head off fast-growing competitors such as Salesforce.com Inc (CRM.N). The company said sales increased 7 percent on a constant currency basis.