Oracle has reported third quarter profits of $169 million - a figure that includes a $37 million charge for acquiring Datalogix - on revenues of $1.37 billion. Profits were up 16 per cent on last year's $146 million while revenues leapt 34 per cent from $1.02 billion. Oracle Europe continues to post substantially slower growth, with an expansion rate of 28 per cent, compared to 32 per cent in Asia Pacific and 40 per cent in the US. But the company's applications software business shot up by 61 per cent.
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