A point is a 0-dimensional object representing a single location. Since it is 0-dimensional a point has no size and of course also no orientation.
For the geodetic spatial data type a point represents a single given as longitud and latitude. The values for longitud and latitude are measured in degrees. Values for longitud always lie in the interval (-180, 180]. Values for latitude always lie in the interval [-90, 90]. Longitude and latitude are stored as decimal degrees (with double precision), therefore if the client chooses to present this i.e. as DGM (Degree Minutes Seconds) rounding errors might occur.