Remix.run Logo
thiago_fm 3 days ago

It's still a company worth $400B that makes $3B of profits and not even $20B of revenue.

And full of debt from AI datacenters full of hardware with a 6 year depreciation cycle, possibly even lower depending on what NVidia releases next.

So overvalued!

strongpigeon 3 days ago | parent [-]

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/

danny_codes 3 days ago | parent [-]

Yeah 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!