Tuesday, July 18, 2006
SAP misses financial expectations, loses ground to Oracle
SAP misses financial expectations, loses ground to Oracle: "SAP CEO Henning Kagermann said the company lost as much as 2% market share to Oracle, putting an end to 12 consecutive quarters of gains. SAP also lost ground to Microsoft, but Kagermann said the losses to its two top competitors do not represent a trend.
'Against our peer group, this is not very important, because of the gains we've had in consecutive quarters,' Kagermann told reporters during a conference call. "
'Against our peer group, this is not very important, because of the gains we've had in consecutive quarters,' Kagermann told reporters during a conference call. "
