Oracle 2014 Annual Report Download - page 5

Table of Contents
Cautionary Note on Forward-Looking Statements
For purposes of this Annual Report, the terms “Oracle,” “we,” “us” and “our” refer to Oracle Corporation and its consolidated subsidiaries. This
Annual Report on Form 10-K contains statements that are not historical in nature, are predictive in nature, or that depend upon or refer to future
events or conditions or otherwise contain forward-looking statements within the meaning of Section 21 of the Securities Exchange Act of 1934,
as amended, and the Private Securities Litigation Reform Act of 1995. These include, among other things, statements regarding:
as well as other statements regarding our future operations, financial condition and prospects, and business strategies. Forward-looking
statements may be preceded by, followed by or include the words “expects,”
1
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our expectation that we will continue to acquire companies, products, services and technologies;
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our beliefs regarding how our acquisitions, investments and innovations will help us achieve our long
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term strategic plans;
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continued realization of gains or losses with respect to our foreign currency exposures;
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our expectation that our software and cloud business
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total revenues generally will continue to increase;
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our belief that software license updates and product support revenues and margins will grow;
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our expectation that our hardware business will have lower operating margins as a percentage of revenues than our software and cloud
business;
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our international operations providing a significant portion of our total revenues and expenses;
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our expectation that we will continue to make significant investments in research and development and related product opportunities,
including those related to hardware products and services, and our belief that research and development efforts are essential to
maintaining our competitive position;
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the sufficiency of our sources of funding for acquisitions, dividends, stock repurchases and other matters;
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our expectation that we will continue paying comparable cash dividends on a quarterly basis;
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our belief that we have adequately provided for any reasonably foreseeable outcomes related to our tax audits and that any tax
settlement will not have a material adverse effect on our consolidated financial position or results of operations, and our assumptions
regarding the potential U.S. income tax liability associated with any repatriation of our undistributed earnings held by our foreign
subsidiaries;
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our estimates and current intentions regarding potential future goodwill impairment losses, if any;
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our belief that the outcome of certain legal proceedings and claims to which we are a party will not, individually or in the aggregate,
result in losses that are materially in excess of amounts already recognized, if any;
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our expectations regarding the timing and amount of expenses relating to the Fiscal 2015 Oracle Restructuring Plan and the improved
efficiencies in our operations that such Plan will have;
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the timing and amount of our stock repurchases;
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our expectation that seasonal trends will continue in the future;
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our expectation that we will continue to depend on third party manufacturers to build certain hardware systems products and third party
logistics providers to deliver our products;
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our expectation that to the extent customers renew support contracts or cloud software as a service and platform as a service contracts,
we will recognize revenues for the full contracts
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values over the respective renewal periods;
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our ability to predict quarterly hardware systems revenues;
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the timing of customer orders and delays in our ability to manufacture or deliver a few large transactions substantially affecting the
amount of hardware systems products revenues, expenses and operating margins that we will report;