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 did Safra Catz say about Oracle's R&D spending?

How does Oracle's R&D spending affect its acquisition strategy?

What was the best thing that happened on the day Safra Catz got the CEO job?

What was the reaction to SAP's acquisition of Concur according to the text?

What does Safra Catz mean by saying 'silver medal at Oracle is the first loser'?