Oracle made slightly less money last quarter, and America is to blame

Re: Constant currency this, constant currency that

"Anonymous and bitter for obvious reasons."

Not all companies work that way. Sure, a big firm generally gets you into big customers and systems (and potentially big salaries) but funnily enough some smaller companies can also do the same. There are some smaller firms that punch way above their weight. All you have to do is find them.

Re: Constant currency this, constant currency that

I agree!

I feel for the sales force there. I supported nearly 700 of them myself when I was there. I left due to medical issues, and I don't miss the stress. I never got a raise in the 3 years I was there. I got two awards though from C-level management though, and my reviews were all in the 4.5 and 5.0 range, but not one bonus or raise.

Wait until July when they big cheeses get their bonuses anyway while they skimp on the commissions for the people who worked hard on getting them the sales. They always have some excuse to cut the commissions for the people that work hard for them.

Re: Constant currency this, constant currency that

Definitely. When the dollar weakens, you can bet that constant currency column will be dropped from the reports. IBM is doing the same thing. I think Oracle borrowed this excuse from IBM.... Like IBM borrowed Oracle's "we had a sales execution issue" excuse a few quarters ago. As though their products are obviously awesome and everyone wants to buy them, but the Oracle's sales team just screwed things up.

Re: Buzzword Bingo

And after they absorbed Sun, they let the sales of the server products languish so the competition could climb all over them then wonder why no one wants to purchase the now Oracle servers.

Re: Buzzword Bingo

Not sure I follow cloud being a high volume low margin area... Cloud sales represent just 8% of sales.

Re: Buzzword Bingo

"so complaining about it makes you look incompetent"

They arent complaining about it, they are stating it as a fact.

"Leisure Suit Larry should be worried about the sharp down turn in hardware and software sales."

Its inevitable, no way round it. LSL has to plan for (and hope) that increases in cloud sales and profits will outweigh decrease in on-premise. They *know* on premise will decline.

That is the "master plan", that pretty much everything will move to cloud. Not exactly a secret!

The issue is, can they manage the transition. Jury is out if its doable.