In order to be a successful person in the high tech industry running a company such as Oracle, you have to be a visionary in the space they are in and know how to steer the company. To do that successfully, you have to have a lot of different skill sets and one is seeing the vision for the company. He doesn't have to have the idea for a smartphone or tablet to be a visionary, he also doesn't have to be anything other than what he is and he can formulate his own opinions. I think his assessment of Apple w/o Jobs is going to happen, because Apple is not the same Apple today as it was back in the 80's when Jobs first left. Apple did well until WIndows 95 got released, but Jobs or Apple couldn't really do anything about that at that time. Even though WIndows has 90% market share in the desktop/laptop space, they certainly don't have it in the smartphone and tablet market space, so Apple's current "Microsoft" is the Android platform and even with Microsoft as the big competitor in the desktop/laptop world, and Android in the smartphone and tablet world, Apple still does quite well in terms of profits. They just need to execute a little faster, which they can't always control. If Apple had a great large screen iPhone and a cheaper version of the iPhone 5 last Sept and there were no product constraints Apple would be in a better position than they are now, but unfortunately, Apple didn't have everything they needed last year and so far, they haven't been announcing products each quarter like they normally do, they are pushing everything at the end of the year whether it's by choice or not.
I personally Ellison's opinion is wrong, but he is entitled to one and being who he is and his relationship with both Jobs and Apple gives him a different perspective than us normal folks. We don't have to agree with him. But at least recognize what he's accomplished because Steve could NEVER do what Ellison did. Steve doesn't know that end of the business. And i doubt Ellison could do what Jobs did.