Oracle's strategy seems to be:<p>(1) Don't bother investing too much in R&D or figuring out the next big technology, just buy companies that are alread profitable (to name a few: Sun, BEA, Hyperion, Sieble, Innobase, PeopleSoft...).<p>(2) Immediately execute massive layoffs to increase profits even more. And suck every dollar possible out of the business for a couple years.<p>(3) After a while, the profits will start decreasing, but slowly enough (due to market inertia) that they have time to rinse and repeat. Go back to step 1.<p>Sometimes, Oracle will get lucky and be able to keep running a business good enough that the profits will somewhat be stable enough for years.