How Much Has Oracle Spent on R&D in Last 12 Months?

The transcript discusses Oracle's significant R&D spending, which provides strategic options and prevents overpaying for acquisitions. Safra Catz, Oracle's CEO, contrasts Oracle's price discipline with SAP's, citing SAP's costly acquisition of Concur. Oracle's competitive stance is highlighted, emphasizing their goal to grow in applications and their view that being second in business is not acceptable.

What strategic advantage does Oracle gain from its R&D spending according to Safra Catz?

• It helps Oracle reduce its workforce.

• It allows Oracle to avoid overpaying for acquisitions.

• It enables Oracle to expand into new geographical markets.

• It increases Oracle's marketing budget.

What was Safra Catz's opinion on SAP's acquisition of Concur?

• She was indifferent about the acquisition.

• She considered it a necessary step for SAP.

• She believed it was a financially imprudent decision.

• She thought it was a strategic move.

What humorous question did Safra Catz ask about SAP's future acquisitions?

• Are they going to acquire a bank?

• Will they invest in renewable energy?

• Will they buy a tech startup?

• What's next, Dairy Queen?

What is Oracle's position in the applications business according to Safra Catz?

• Oracle is the market leader.

• Oracle is the second-largest player.

• Oracle is a new entrant.

• Oracle is not interested in this sector.

How does Oracle view being second in the applications business?

• As the first loser.

• As an opportunity to collaborate with competitors.

• As a satisfactory achievement.

• As a stepping stone to first place.