Oracle (ORCL -0.6%) will beat Street estimates when it reports FQ2 results next Tuesday, says...

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

Oracle (ORCL -0.6%) will beat Street estimates when it reports FQ2 results next Tuesday, says Credit Suisse. The firm cites healthy application license sales and strong growth for its high-end engineered systems (Exadata, Exalytics, etc.) - the latter would be a positive for Mellanox (MLNX). Oracle's engineered systems sales doubled Y/Y in FQ1, but total hardware sales still fell 19% as demand for storage gear and traditional Sun UNIX servers withered.