Larry isn’t worried

With the financial crisis (or should I say crises) happening faster than a bunch of falling dominoes, Larry Ellison is unconcerned about how this will affect Oracle and technology spending (in general).  The fact that Oracle’s “exposure to banking customers is in the low-single digits” with an even lower exposure to US banks could be the reason Larry has kept on smiling.   In fact, revenues grew 18% compared to last year’s 4th quarter. 

Well, if Larry isn’t worried, why should we?

Leave a Reply

Your email address will not be published. Required fields are marked *