What’s crazy is how Oracle’s free cash flows have gone from “money-printing machine” to deep in the red due to their data center investments. My guess is that some of those cuts are to try to balance that?
- “iaas” (OCI) is growing 50% yoy and the bulk of the revenue. - “cloud license and on prem license” (new software licensing) is $5B or ~10% of the segment - ERP, peoplesoft etc arent broken out but are also very large in their market categories.
All in the all-mighty fiduciary duty to your investors of course.