It looks as if Europe's troubles finally caught up to Oracle. A look at its FQ3 report reveals...

|About: Oracle Corporation (ORCL)|By:, SA News Editor

It looks as if Europe's troubles finally caught up to Oracle. A look at its FQ3 report reveals sales to EMEA region grew less than 1% Y/Y during the quarter, after increasing at a 14% clip in FQ1. Sales growth for the Americas also saw a decline - up only 2% in FQ2 compared with 8% in the prior quarter. Asia-Pac sales grew at a healthy 8% clip, but only accounted for 17% of revenue. ORCL -9.3% AH. (more)