Ellison: Oracle to continue acquisition spree
More acquisitions is key to Oracle in reaching its goal of 50 percent margins and 20 per cent earnings annual growth. CFO Safra Katz said the company is "hitting on all cyclinders":
The reality is high pipelines look fantastic frankly for Q1, going into Q1 it will be obviously exciting. It could be our largest Q1 ever, as you can see by our guidance, we feel that we are really going on all cylinders and the forecast is very, very, very significant. So, we feel very good about it. Well, we wouldn't have come up with this kind of guidance, frankly.
As far as margins, you can see they continue to improve year-over-year. It's really a matter of scale and as the acquisitions get to scale, they start to show very significant profitability. The reality is that, it really all depends on what we buy, but consistently I expect to see the same level of margin improvement, if not more, for the company next year.
Read the Oracle earnings call transcript (SeekingAlpha)