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Much to the dismay of its chief competitor, SAP AG, Oracle in September reported that total software revenues were up 29% to $2.7 billion, with database and middleware license revenues up 15% and new applications license revenues up a whopping 80%. Experts said the results pointed to an acquisition strategy that was beginning to pay off, although many wondered if the new numbers were sustainable.
More on Oracle's revenue growth:
Experts wonder if Oracle's revenue growth is sustainable
Oracle Fusion Update Center