Oracle (Nasdaq:ORCL) Revenue Expected to Increase 15 Percent

Analysts are estimating quarterly results from the time period ending February 28 will show revenue for Oracle (Nasdaq:ORCL) will have a nice 15 percent bounce.

Much of the optimism is centered on a big increase in license sales for new software. Oracle president Safra Catz has said they have seen customers starting to buy again, and that was several months ago.

Revenue for the quarter is estimated to come in at $6.36 billion, or 38 cents a share after excluding special items. Last year in the same quarter revenue came to $5.5 billion, or 35 cents a share.
 
Even though there is a lot of talk of resurgence of sales, etc., the acquisition of Sun will add somewhere around 2 cents a share to the earnings of Oracle, and an additional $690 million in revenue, making the inclusion of them in the quarterly results, for the most part, what changed from last year, even if sales have been slightly up. otherwise it looks like Oracle has largely been level, or maybe slightly up when excluding the figures from Sun.

Oracle is scheduled to release its quarterly report on March 25, and it will be educational to see if there has really been organic growth or growth via the acquisition of Sun.

That matters to me because of the implication the growth of Oracle implies a turnaround in the economy, which is a huge leap at this time in America, and talking up Oracle may make some feel good, but it's not clear they have had a good quarter yet, other than adding numbers from Sun.

Even if organic growth is about level, that isn't bad for Oracle in this economic climate, as that quarter is usually a down one for the company. But to make it look like they're busting out is an exaggeration, to say the least.