Oracle Continues Shift Toward On-Demand Software

Yesterday, Oracle (NASDAQ:ORCL) reported fourth quarter results that beat estimates. A highlight of the earnings call was CEO Larry Ellison admitting that Oracle is getting “a little bit” into the cloud computing space. More than a year ago, he was not so keen on investing in the SaaS sector due to the high cost of sales and cost of implementation. Let’s take a closer look. >>>

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Naukri Pulls Ahead of Peers

As job markets across the world sputter, recruiters all over have been feeling the effects. It is no different for India’s leading online recruiter, Naukri.com. For the year ended March 2009, Naukri’s parent company, Info Edge Ltd (BSE:NAUKRI.BO), announced revenue growth of 14% over the year to Rs. 2737.96 million (~$58 million). EBITDA of Rs.938.64 million (~$20 million) grew 11% over the year.
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RIM Gains Market Share

Research In Motion Limited (RIM) (NASDAQ:RIMM; TSX: RIM), a leading mobile phone vendor with annual revenue of $11.07, billion beat estimates for its first quarter. Close on the heels of the Palm Pre and the iPhone 3.0, this week RIM unveiled the BlackBerry Tour. And although Palm and Apple are heating up the convergence device race, RIM still seems to be on top with 55% share of the US smartphone market; Apple is at a distant 19.5%. Let’s take a closer look.
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Security Threats Escalating

In times when overall technology budgets seem to be restricted, there isn’t that much of a slowdown in the anti-virus and computer security product sales, as was evident from the last quarter results of McAfee. With increasingly larger digital security threats, the market has always been mission critical, and continues to remain so. >>>

KLA Struggling, AMAT Sun Bound

While the economy might have picked up a bit, the semiconductor infrastructure industry’s latest results still leave a lot to be desired. KLA-Tencor’s (NASDAQ:KLAC) recently announced Q3 revenues of $309.6 million is a drop of 49% over the previous year’s $602.2 million. Last year’s EPS of $0.61 also fell drastically to loss per share of $0.34 and exceeded the market’s estimated loss of $0.26 per share. Boy, this looks scary! >>>

Brocade Beats; Target for HP, IBM?

On May 21, Brocade Communications Systems, Inc. (NASDAQ:BRCD), a leading supplier of data center networking solutions with annual revenue of $1.5 billion, reported second quarter results that beat earnings estimates for the fifteenth straight quarter. This was the first full quarter since the $3 billion acquisition of Foundry in December. With the rapid and successful integration of the Foundry acquisition, Brocade has increased its IP Ethernet market share. In addition, it has also increased share in its core SAN market. Let’s take a closer look. >>>

Blue Nile Recovering

After having had a depressing run in the past quarters, Blue Nile (NASDAQ:NILE), a leading jewelry retailer with annual revenue of $295.3 million, seems to be back on track. While economic conditions have not improved drastically, the company’s performance is definitely upbeat. >>>

What’s Next In SaaS?

Our SaaS coverage continues. We’ve seen acquisitions starting with Intuit buying PayCycle. Let’s see what’s up with Salesforce.com, and what is SAP likely to acquire with its rather large warchest.

On May 21, Salesforce.com, Inc. (NYSE: CRM), a pioneer in the SaaS sector with annual revenue of $1.077 billion, reported its first quarter results that beat analyst expectations. >>>

Athenahealth Growing Nicely

Athenahealth (NASDAQ: ATHN), a provider of the health industry’s billing and practice management solutions for helping physicians collect their reimbursements, saw significant growth over the year, but failed to meet the market’s expectations of their Q1 results. >>>

TiVo Looks Up At DVR IP Revenues

In a major uplift to the fortunes of TiVo (NASDAQ:TIVO), the pioneer in digital video recorders (DVRs) with annual revenue of $249.67 million, a U.S. district court in East Texas granted them an award of $103 million against Echostar, Dish Network’s sister company. This award goes a long way in helping TiVo, which recently reported a loss in its recently reported first quarter. Let us take a closer look.
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