Microsoft Corporation (MSFT) and Oracle Corporation (ORCL) Team Up for the Cloud

Is now the time to buy, under speculation that Amazon will dominate the clouds? With the scheduled July 22 2Q13 report, net sales at the firm are expected to grow between 13%-26% from 2Q12. That’s a total of between $14.5 billion-$16.2 billion in sales. If that beats earnings estimates, which have decreased to $0.06 from $0.22 as of writing on June 24, then expect an upswing in the share price.

Who will come out on top?

In short, it’s too early to tell. The team effort that is set to take place with Microsoft Corporation (NASDAQ:MSFT) and Oracle Corporation (NASDAQ:ORCL) certainly causes some concerns for Amazon. However, the two companies will have to show how they are going to dominate the market by working together. If they are able to work together efficiently, then I can see Microsoft and Oracle being the leader in cloud computing.

Phillip Woolgar has no position in any stocks mentioned. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com, Microsoft, and Oracle. Phillip is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

The article Microsoft and Oracle Team Up for the Cloud originally appeared on Fool.com and is written by Phillip Woolgar.

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