Enterprise headlines and summaries, 2009-03-22

  • IT Employment Decline Moderates in February; Outperforms General Employment Market
    After dropping markedly in December (56,000 jobs or 1.4%) and January (46,000 jobs or 1.15%), the decline in IT employment moderated in February dropping by (17,000 jobs or .43%), according to the National Association of Computer Consultant Businesses (NACCB), which tracks monthly IT employment.
  • Oracle Corporation F3Q09 (Qtr End 02/28/09) Earnings Call Transcript
    Safra A. Catz Clearly we are extremely pleased with our spectacular Q3 results. We hit the midpoint of our new license guidance, we beat the high end of our total revenue guidance, we beat the high end of our EPS guidance by a full $0.02, and we delivered the highest Q3 operating margins in our history, substantially higher operating margins than our peers. And we grew faster than SAP in every region around the world, clearly taking market share. Our software license updates and product support revenues, which hit $3.0 billion this quarter, are growing nicely off a very large base, and our customer renewal rates and satisfaction levels continue at record highs. This quarter clearly demonstrates the strength of our diversified portfolio products, the breadth of our enormous customer base, and the strength of our operating model. Once again, the only negative story for the quarter was currency, as it was in Q2 and as it will be again in Q4.
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