The software maker is showing the effects of the troubled economy and the stronger dollar as it reported a 1 percent drop in net income.


The software maker showing the effects of the trouble economy and the stronger dollar as it reported a 1 percent drop in net income.


The strong growth reported by the world’s second largest software company comes despite a tough economic environment.


The strong growth reported by the world’s second largest software company comes despite a tough economic environment.


Escalating its rancor with rival SAP AG, business software maker Oracle accused SAP of knowingly buying and then embracing an illegal operation set up to steal Oracle’s products and customers.


Oracle sounded a warning bell that growth was likely to slow in the first quarter as the company absorbed its latest major acquisition, BEA Systems.


The company’s net income rose to $2.04 billion, beating expectations, as strong software sales eased investor concerns about softening demand.


 
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