More on Oracle's (ORCL) FQ1: New software license sales +17% Y/Y. Software update and support...

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

More on Oracle's (ORCL) FQ1: New software license sales +17% Y/Y. Software update and support revenue +16%. Hardware revenue -3.5% Y/Y, though 10%+ growth is claimed for the company's high-end server business, and its hardware gross margin rose 6% Q/Q. Free cash flow was $5.3B, up from $3.7B in FQ1 2011. ORCL +0.4% AH.