Re:"Sorry Larry, the cloud can't be stopped"
by osswid on Wednesday October 05, 2011 @02:10AM
(#3074466)
Salesforce is a publicly traded company with a market cap of $16B, with $2B in annual revenue.
The gap between the reality of their place and power in the market they enjoy, and the commentary here is ... surprising.
Re:"Sorry Larry, the cloud can't be stopped"
by hasanove on Wednesday October 05, 2011 @03:33AM
(#3074635)
If anything, their market cap means they are hugely overvalued.
P/E is 581! This is 5 times more than even facebook :) and 400 times more than Apple.
Re:"Sorry Larry, the cloud can't be stopped"
by meric on Wednesday October 05, 2011 @06:21AM
(#3075016)
As soon as I read your comment, I decided to to purchase some AAPL stock. When I got to the stockbroking website, the bargain you mentioned was not there. AAPL's P/E is not 1.4525. :(
Re:"Sorry Larry, the cloud can't be stopped"
by hasanove on Wednesday October 05, 2011 @01:08PM
(#3076511)
what a typo, sorry, of course it is 40 )
Re:"Sorry Larry, the cloud can't be stopped"
by DjMojoRisin on Wednesday October 05, 2011 @02:43AM
(#3074519)
Benioff is a good guy. He is the pioneer of the 1/1/1 philanthropy model and has convinced a bunch of other companies to follow suit with that model (i.e. Google et all) and helped out a lot of people.
Also, to be fair he was one of the first people to come up with the idea of the Cloud for the enterprise, and actually deliver a scalable, reliable system which could replace on-premise software.
Oracle is just playing school yard politics; Larry and Marc are friends and Larry was one of the first investors in Salesforce.
Re:"Sorry Larry, the cloud can't be stopped"
by oacgnol on Wednesday October 05, 2011 @01:14AM
(#3074330)
Perhaps the comment was aimed in context of Oracle's recent actions with NoSQL - simultaneously downplaying NoSQL and integrating NoSQL with Oracle seemed a bit like a late reaction to the growing trend that's threatening their cash cow.
Re:"Sorry Larry, the cloud can't be stopped"
by TallTalesOrTrue on Wednesday October 05, 2011 @01:21AM
(#3074345)
Exactly another company that is known more for the chatter their CEO makes than the Chatter it sells.
You would have to be naive to think Oracle is afraid of Salesforce. I think it's more to do with Benioff's rude knows-it-all attitude.