Jeff Henley License Quotations

Underneath it all, if you normalize the numbers, we continue to show good growth in our license business,

Even during an economic downturn, Oracle's installed base of customers continues to grow, so our revenues from license update rights continue to rise. That's the underlying strength in our business model. That's what allows us to maintain our profitability at high levels even though we increased research and development spending by 15 percent,