Oracle's first-quarter revenue climbed up 48% over the similar duration last year to $7.5 billion, the firm reported yesterday. Net income was up 20% to $1.4 billion. New software license revenue, a fundamental index of increase, jumped 25% to roughly $1.3 billion.Hardware systems revenue, some other keenly watched measured following Oracle's late purchase of Sun Microsystems, was $1.69 billion.

That estimate presents a slip from the $1.83 billion in quarterly hardware revenue Oracle reviled in June, but Oracle generally does a disproportional quantity of business in the fourth quarter. Oracle is contriving to discourse the results encourage during a conference call yesterday, which is also awaited to feature early Hewlett-Packard CEO Mark Hurd in his first public show since being named Oracle's co-president on Sept. 7.