Friday, January 27, 2006
ZDNet India > News > business >
ZDNet India > News > business >: "Projected licence revenues are getting better all the time for SAP as it prepares to fight off an engorged Oracle.
German software maker SAP gave a more optimistic outlook for 2006 than expected for both profitability and licence sales, boosting its shares by more than 9 percent on Wednesday.
SAP said it would increase licence sales, crucial for its future maintenance and service business, by 15 to 17 percent, against the 13 percent expected by analysts polled by Reuters."
German software maker SAP gave a more optimistic outlook for 2006 than expected for both profitability and licence sales, boosting its shares by more than 9 percent on Wednesday.
SAP said it would increase licence sales, crucial for its future maintenance and service business, by 15 to 17 percent, against the 13 percent expected by analysts polled by Reuters."