Has Oracle been a disaster for Sun's open source?
As far as Oracle is concerned, everything is going swimmingly:
Oracle Corporation today announced fiscal 2010 Q4 GAAP total revenues were up 39% to $9.5 billion, while non-GAAP total revenues were up 40% to $9.6 billion.
In particular, Sun seems to be making plenty of money:
We estimate that the acquired business [Sun] will contribute over $1.5 billion to Oracle’s non-GAAP operating profit in the first year, increasing to over $2 billion in the second year. This would make the Sun acquisition more profitable in per share contribution in the first year than we had planned for the acquisitions of BEA, PeopleSoft and Siebel combined,” said Oracle President Safra Catz.
Open source fans may cry over Sun, but Oracle was able to rapidly profit from the acquisition.
