After accepting keys to the city of San Francisco in tribute to him and his racing team BMW Oracle for winning the 33rd America's cup match this February, Oracle CEO Larry Ellison said he expects Sun's formerly unprofitable operations to become profitable "right away" as part of Oracle.

Asked by reporters how the Sun integration was going, Ellison responded, "I think it's going really well and we expect to be profitable right away."

Following the Feb. 20th celebration, Ellison basically reiterated what he said during the Jan. 27 Oracle + Sun Strategy teleconference:

"And how soon will [Sun's profitability] occur? How long do investors have to wait? Not at all; not at all. We'll be profitable this - in February. We'll be profitable in March. We'll be profitable in April - and when I say 'we': the Sun business. We'll be profitable in May.

"Sun will be contributing to Oracle's profits from the first month we own the company. And for the first full year we own the company starting in June, we will make at least a billion and a half dollars in operating profit [from Sun], as we promised, because the Sun business is gonna grow.

"Sun has a fabulous installed base, a fabulous group of customers, a wonderful pipeline of technology - and we just have to do a better job of taking this wonderful engineering output and delivering it to customers."

Oracle bought Sun, which had posted losses of more than $2 billion in the two years prior to its sale, for $7.5 billion in Jan. Executives have promised Sun will add $1.5 billion to operating profit within a year.

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