More on Oracle: CFO Safra Catz asserts sales execution (a problem in FQ3) improved in FQ4, but...

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

More on Oracle: CFO Safra Catz asserts sales execution (a problem in FQ3) improved in FQ4, but adds Oracle (ORCL) saw "increased economic weakness." Americas and EMEA license revenue respectively rose 4% and 5% Y/Y; Oracle says it's pleased with its European performance in light of macro issues. But Asia-Pac licenses -7% - China and Australia are named as weak spots. Larry Ellison promises cloud app/infrastructure partnerships with rivals Salesforce, NetSuite, and Microsoft will be announced next week for Oracle's 12C database. 1,200 engineered systems were sold in FQ4, up from 800 in FQ3.