All this means that Oracle earnings plow ahead, turning over one-third of its revenue into free cash flow,
I am no Oracle fan. I find what Oracle does overpriced. I don't think it's a real cloud. But for big enterprises that are already Oracle customers, the company is offering a reasonable path toward the future, while HP offers nothing.
As always, the bottom line is the bottom line. HP has annual sales of $127 billion against Oracle's $37 billion. But Oracle's market cap is now $153.7 billion and rising, HP's is $29.2 billion and falling. Who is not to say that, once HP downsizes a little more, Hurd won't make Whitman's board a buy-out offer they can't refuse?
At the time of publication, the author had no positions in any of the companies mentioned in this article..Follow @DanaBlankenhorn This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.