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Oracle 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
by strongpigeon 7mo ago
Oracle 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 7mo 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.