Saturday, March 27, 2010

Do a CEO's words reflect a company's attitude?

Oracle CEO, Larry Ellison, took some stabs at competitor SAP (NYSE: SAP). "Every quarter we grab huge chunks of market share from SAP," he commented. "SAP's most recent quarter was the best quarter of their year, only down 15%, while Oracle's application sales were up 21%. But SAP is well ahead of us in the number of CEOs for this year, announcing their third and fourth, while we only had one."

If so SAP is in serious trouble because Oracle seems to be having a ton of fun beating the $#%# of SAP. They don't seem like they want to stop anytime soon.

Posted via web from Staysmall's posterous