Jim Cramer: Oracle's Amazing Earnings Call
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How is Oracle making all of this money? Who is spending? Oracle lays out a hefty list of customers for its engineered products, ones that are doing quite well. They including the United Arab Emirates, Expedia (EXPE), Macy's (M), U.S. Bancorp (USB), Chevron (CVX), Time Warner (TWX), Vodafone (VOD) and Wal-Mart (WMT). When you hear those names you realize that there are companies with lots of money that are growing, and growing aggressively, and they are choosing Oracle to manage their numbers and their cloud migration. People are getting out of having their own dumb Intel (INTC) boxes and putting their data in the cloud, where it can be accessed more quickly and for cheaper.
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