CEO of Oracle expects sun to be profitable soon

Oracle CEO Larry herison

According to foreign media reports, Oracle CEO Larry Ellison said on Saturday that sun is expected to make a profit soon. Oracle completed the acquisition of sun for $7.5 billion last month.

Oracle executives have long declined to make predictions about Sun's earnings, But Oracle promises sun will generate an operating profit of $1.5 billion within the year it was acquired. Sun suffered a loss of more than $2 billion in the first two years of the acquisition.

However, in a response to a reporter's question on Saturday, James said: "I think the progress is very smooth. We expect sun to make a profit soon ." Some analysts suspect that Johnson cannot turn sun into profit in the short term. Sun has been failing to make a real recovery since the Internet bubble burst in the beginning of this century.

Accenture has just completed the America Cup Sailing Competition and beat the billionaire competitor Ernesto Bertarelli ). Herison said he will not retire from Oracle CEO's position to focus on sailing. "I like Oracle and sailing, and I think I can do both well," he said ." (Weijin)