Two out of Three Ain’t Bad
- Posted by Chris Selland
- on December 17th, 2009
3 key tech earnings announcements this afternoon:
- Oracle ($ORCL) beats both revenue and profit forecasts and expects the Sun ($JAVA) acquisition to close in January. They also got in some nice shots at IBM ($IBM) and SAP ($SAP)
- Research in Motion ($RIMM) also reports a solid quarter including record shipments and increases guidance.
- Palm ($PALM) announces higher shipments but lower sellthrough – beats the revenue number but announces a larger-than-expected loss.
Two out of three – maybe 2.5 if you’re an optimist on the future of $PALM – or if you were looking to pick up a great deal on a Pre or Pixi.
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