Oracle Slips in Database Software
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From Bloomberg News
Oracle Corp.’s lead in the database software market shrank last year, as IBM Corp. and Microsoft Corp. boosted sales, market researcher IDC said. Oracle’s share of the $13-billion market declined to 39.4% last year from 41.7% in 2001, IDC said. IBM’s portion increased to 33.6% from 31%, and Microsoft’s rose to 11.1% from 9.7%.
Oracle shares fell 30 cents to $10.76, and Microsoft fell 61 cents to $22.95 on Nasdaq. IBM fell $2.20 to $75.70 on the New York Stock Exchange.
From Bloomberg News
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