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Oracle's new software, cloud revenue dropped 2 percent in Q3

2013-03-21 00:06:57| InfoWorld: Top News

Oracle's total revenue dipped 1 percent and profits remained almost flat in its most recent quarter, as revenue from new software licenses and cloud services dropped by 2 percent. Revenue for the December-to-February period was $9 billion, while net profit was $2.5 billion, the company said Wednesday.

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