Oracle reported third quarter fiscal 2013 earnings late Wednesday, with revenues coming in at $9.0 billion for a 1 percent year-over-year decline. Net income was reported at $2.5 billion, which is unchanged from 2012.
Oracle CEO Larry Ellison said during the call that next week his company will announce a new generation of servers powered by the new SPARC T5 processor. Ellison claims that the new T5 will be the fastest microprocessor in the world.
The SPARC T5 will replace the T4 that Ellison announced back in September of 2011.
“Our new T5 servers have up to eight processors, and are more than twice as fast as the T4 systems that they replace,” Ellison said. “Even more important is our new M5 server, which has up to 32 processors and runs its Oracle Database over 10 times faster than the similarly priced old M9000 server it replaces.”
Ellison added that the M5 server will mark a key milestone in Oracle’s server business history. With the M5 launch, Oracle will have completely refreshed all the server technology acquired from Sun in 2010