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Though Oracle's (ORCL) hardware sales fell 19% Y/Y in the August quarter, Larry Ellison promises...
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Wednesday, October 3, 2012, 5:28 PM ETThough Oracle's (ORCL) hardware sales fell 19% Y/Y in the August quarter, Larry Ellison promises growth will be positive by the end of FY13 (next May), as strong demand for Oracle's costly "engineered" systems finally offsets plunging sales of everything it acquired from Sun. Still unknown, however, is when Ellison expects hardware sales to match what Sun was posting when Oracle bought the company for $7.4B. Mellanox (MLNX +4.7%) is heavily exposed to Oracle's engineered system sales. (new hardware)
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