Home>Topics>>Evercore and CLSA have downgraded Oracle ([[ORCL]] -8.8%) following its FQ3 miss and light top-line guidance. The numbers have many worried about the impact of cloud apps ... and not just on ...
Evercore and CLSA have downgraded Oracle ([[ORCL]] -8.8%) following its FQ3 miss and light top-line guidance. The numbers have many worried about the impact of cloud apps ... and not just on ...
SeekingAlpha.com: SA Currents
Thu, 21 Mar 2013
Evercore and CLSA have downgraded Oracle ( ORCL -8.8% ) following its FQ3 miss and light top-line guidance . The numbers have many worried about the impact of cloud apps ... and not just on application software sales. "As customers move to the cloud, you get a lot of the functionality consolidated ...
Morningstar's Sunit Gogia thinks the software as a service provider has a bright future but that investors are underestimating challenges facing the firm.