More on Oracle's FQ3: New software license revenue, a closely-watched figure, rose 7% Y/Y, up...

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

More on Oracle's FQ3: New software license revenue, a closely-watched figure, rose 7% Y/Y, up from FQ2's 2% increase. License update/support revenue rose 8%, and services revenue was flat. Hardware remains weak, down 11% overall thanks to a 16% drop in systems sales. The drop comes in spite of a 139% increase in sales of engineered systems, which suggests sales of older UNIX servers are in freefall. ORCL +2.8% AH. (PR)