Apple Inc. Will Never Be Same, Google’s Page Is Evil: Oracle CEO

Apple Inc. Will Never Be Same, Google’s Page Is Evil: Oracle CEO

Oracle Corporation (NYSE:ORCL) CEO Larry Ellison touched upon several topics during his interview with Charlie Rose of CBS News. He rarely says good things about someone, yet today he praised Steve Jobs. But Larry Page of Google Inc (NASDAQ:GOOG) couldn’t escape Larry Ellison’s criticism.

Play Quizzes 4

Apple Inc. Will Never Be Same, Google's Page Is Evil: Oracle CEO

Larry Ellison says Google did evil things

Oracle Corporation (NYSE:ORCL) is currently involved in a legal battle with Google Inc (NASDAQ:GOOG). He blames Larry Page of using Oracle programming language without permission when developing programs for Android phone.

ValueWalk’s July 2022 Hedge Fund Update: Tiger Cub Hedge Fund Shuts Down

investWelcome to our latest issue of issue of ValueWalk’s hedge fund update. Below subscribers can find an excerpt in text and the full issue in PDF format. Please send us your feedback! Featuring Andurand's oil trading profits surge, Bridgewater profits from credit, and Tiger Cub Hedge Fund shuts down. Q1 2022 hedge fund letters, conferences Read More

Larry Ellison said during the interview that his company doesn’t compete with Google Inc (NASDAQ:GOOG). But Ellison thinks the search engine giant took Oracle Corporation (NYSE:ORCL)’s programming without permission. And that’s a big blunder. Larry Ellison said the Google CEO, whose slogan is “Don’t Do Evil,” actually did evil things.

Oracle CEO says Steve Jobs was irreplaceable

Larry Ellison also talked about where he thinks Apple Inc. (NASDAQ:AAPL) is headed. The former Apple Inc. (NASDAQ:AAPL) CEO Steve Jobs was his best friend. He said without Jobs, Apple Inc. (NASDAQ:AAPL) is likely to deteriorate. No, Larry Ellison isn’t shorting Apple Inc. (NASDAQ:AAPL), and he doesn’t hate Tim Cook. It’s just that he thinks Steve Jobs is irreplaceable. When Charlie Rose asked him if Apple Inc. (NASDAQ:AAPL) will go down, Larry Ellison said the iPhone maker won’t be nearly as successful.

There is no doubt that Steve Jobs was irreplaceable. But that doesn’t mean Apple Inc. (NASDAQ:AAPL) is going to sink. His comments about Apple Inc. (NASDAQ:AAPL)’s future didn’t go down well with experts. Chris Ciaccia of The Street said that Tim Cook is the right person to lead the iPhone maker. And most of the team is still there, including design chief Jonny Ive who has been the real man behind almost every revolutionary product Apple Inc. (NASDAQ:AAPL) has launched over the past several years. And yes, most of the criticism is because Apple Inc. (NASDAQ:AAPL) hasn’t launched a product since September 2012. The company plans its products years in advance, not weeks or months.

NSA program absolutely essential

Talking about the NSA surveillance programs, Larry Ellison says that he fully supports the programs. And they are essential for the national security. To tell you the truth, NSA uses Oracle Corporation (NYSE:ORCL)’s technology in its database. However, he would consider the program an evil if it is used for political targeting. That’s if Republicans use the surveillance programs to go after Democrats or vice-versa.

Oracle Corporation (NYSE:ORCL) shares were up 0.15% to $33.30 at 1:59 PM EDT.

Updated on

No posts to display