This Week in Software: Apple, Microsoft, Adobe and Oracle

By
A A A

Earnings season is in full swing and this week we had heavyweights Microsoft ( MSFT ) and Apple ( AAPL ) chip in with their results. Below we look at updates for the software sector for Microsoft, Apple, Adobe ( ADBE ) and Oracle ( ORCL ).

Apple

Apple reported impressive quarterly revenues of $28.6 billion and net profit of $7.3 billion on July 19. The tech giant also just launched the latest version of its operating system - OS X Lion which offers nearly 250 new features and takes a step towards convergence with the iOS platform. It was downloaded more than a million times on its the first day. It also launched upgraded versions of the Macbook Air, Mac Mini, and the first Apple Thunderbolt Display.

Check out our complete coverage of Apple

Microsoft

Microsoft reported revenues of of just about $70 billion and net income of $23 billion billion for the fiscal year 2011. Its business division grew nearly 16% and the company has sold 100 million licenses of Office 2010 to date.

Its Server and Tools division grew nearly 11% for the year with Windows Server and SQL Server driving revenue growth. The Online Services division is still bleeding cash, but Bing is consistently growing its market share. The Entertainment and Devices division grew nearly 45% thanks to the tremendous popularity of the Xbox 360 and Kinect.

Check out our complete coverage of Microsoft

Adobe

Adobe has been in the news a lot this week. It acquired EchoSign, a leading provider of digital signature and signature automation with a user base of more than 3 million. Adobe will be integrating EchoSign's offering with its Acrobat document management solution.

See Trefis article: Adobe Aims for $35 with EchoSign Acquisition

Soon after the acquisition announcement, it was sued by RPost regarding patent infringement by EchoSign. The lawsuit is likely to end in a settlement with Adobe paying damages and entering into a licensing agreement.

Check out our complete coverage of Adobe

Oracle

Oracle announced that it has acquired Ksplice, the creator of zero downtime update technology for Linux. Ksplice's offering will allow Oracle's customers to install security patches and other software updates without suffering any downtime. This acquisition will improve its Enterprise Linux offering, which could boost its market share in the future.

Check out our complete coverage of Oracle



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks , US Markets

Referenced Stocks: AAPL , ADBE , MSFT , ORCL

Trefis

Trefis

More from Trefis:

Related Videos

Stocks

Referenced

Most Active by Volume

112,131,130
  • $74.98 ▲ 5.18%
57,963,905
  • $8.32 ▲ 8.33%
48,392,602
  • $3.45 ▼ 0.29%
45,276,527
  • $36.17 ▲ 4.21%
44,800,927
  • $17.84 ▲ 0.34%
44,539,649
  • $97.03 ▼ 0.16%
44,078,180
  • $15.62 ▲ 0.64%
43,461,551
  • $35.50 ▼ 1.06%
As of 7/24/2014, 04:04 PM