- "Our checks suggest FY13 bonuses were trimmed or eliminated for many employees across the company," says Wedbush's Steve Koenig (Neutral) ahead of Oracle's (ORCL) Tuesday FQ3 report. He sees the move boding well for the software giant's bottom line, but not so much for its "ability to attract and retain talent."
- Koenig expects Oracle to beat consensus on the back of healthy sales of its flagship 12c database. 12c, launched last year, added the ability to simultaneously support multiple cloud tenants, and also comes with an in-memory option meant to compete against SAP's fast-growing Hana.
- At the same time, he thinks Oracle's cloud software acquisitions have been a mixed bag. Though Koenig has heard RightNow (customer support software, bought for $1.5B) is faring well, he doesn't think Taleo (talent management software, bought for $1.9B) is doing so.
- Oracle, pressured by the direct impact of cloud software competition and the indirect impact of cloud infrastructure platforms leveraging rival databases, posted a string of disappointing license/cloud subscription figures last year. But the company managed to deliver an in-line number for FQ2.