Oracle is a profit driven company as well. They have been a secretive company for so long, and as far as I know they are not really for open source. They have restrictive licenses even for JDBC drivers. So I would think IBM would have been a better choice because at least they support open source one way or the other. Here are some points;
* Oracle has WebLogic and does not need Glassfish, they would just leave it to the community as an open source project to die (literally) keeping its restrictive license on though.
* Oracle has JRockit from weblogic which is an enterprise class and proven JRE which would bring about two versions of Java. One is a community driven hungry man's Java platform with little financial backing from Oracle, and one is for enterprise licensees with full fledge features and performance, plus support. Oracle will monetize Java as much as possible that is for sure. However, if not driven by a dozen of egoist block heads, community edition would meet our expectations in a greater extend (By community edition I do not mean the OpenJDK but the existing Sun distribution).
* Oracle will continue Sun's hardware though lowering the prices for high end servers. Again they may leave OpenSolaris as it is now to the community (keeping the current restrictive license on against competitive forks) hoping that it would fade in couple of years and develop the new versions in secret. Something like Darwin.
* They would hang on to the MySQL but would restrict its usage as much as possible. They probably would not care if you complain.
* They would replace their archaic JBuilder based development IDE with NetBeans. They would continue supporting NetBeans as an open source project against Eclipse.
* JavaFX? I do not know about that it is not in Oracle's play ground. They would release it to the community as an open source project which is a good idea. They would keep supporting J2ME but would not release a new version maintaining the existing one. Licensing fees of J2ME would not satisfy them. Oracle may even sell the both off to another party.
We will see what is up probably this summer.
My two cents
Disclaimer : This is my personal opinion ONLY. None of these ideas or statements correspond, reflect or transform to my current employer.