>"The figures come even though--as mentioned in the earnings report headline--Oracle's SaaS/PaaS revenue rose 77% in dollars and 79% in CC, totaling $798 million "
$800 million from their cloud offering in a single quarter is nonsense?
Maybe not, but that number doesn't tell the whole story. This is revenue. How much are they spending on R&D, infrastructure, marketing, etc. for their cloud business? How fast is that spending's growth in relative to the revenue?
$800 million from their cloud offering in a single quarter is nonsense?