Oracle software sales rise, meet company's target

20 Mar, 2012

It met its key sales goal after missing targets in its second quarter, which caused the company to fall short of Wall Street earnings forecasts for the first time in a decade.

The world's No. 3 software maker had forecast that new software sales would climb between 0 to 10 percent from a year earlier when it last reported earnings on Dec. 20.

Copyright Reuters, 2012

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