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It's still a company worth $400B that makes $3B of profits and not even $20B of revenue. And full of debt from AI datacenters full of hardware with a 6 year de
by thiago_fm 6mo ago
It's still a company worth $400B that makes $3B of profits and not even $20B of revenue.
And full of debt from AI datacenters full of hardware with a 6 year depreciation cycle, possibly even lower depending on what NVidia releases next.
So overvalued!
- strongpigeon 6mo agoOracle has >$60B in revenue and $16B in net income. It doesn’t seem crazily overvalued to me? Perhaps you were looking at quarterly statements? https://finance.yahoo.com/quote/ORCL/financials/ https://finance.yahoo.com/quote/ORCL/financials/
- danny_codes 6mo agoYeah plenty of suckers are trapped by Ellison’s downward facing grass cutting blades. It’s a sad state of affairs. I mean Postgres is right over there!
- thiago_fm 6mo agoIt is very, of course, if you compare it to Tesla, anything can look good. But if you compare to other companies with similar rev/profit numbers, you'll be amazed with how cheap they are. I don't believe Oracle has a wide moat other than its DB -- the Datacenters are mostly commodity.