Oracle's Sales Disappoint
March 21, 2006[From internetnews.com]
Oracle's earnings of 19 cents a share were up 3 cents from the year-ago quarter and a penny better than expected, but the company's sales of $3.47 billion were below $3.53 billion forecasts. Database sales were less than Wall Street analysts had hoped for, but applications sales were better than expected, as the PeopleSoft and Siebel acquisitions began showing up in the company's top line.
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