Monday, January 22, 2007
Bloomberg.com: Germany
Bloomberg.com: Germany: "SAP AG co-founder Dietmar Hopp said he's ``absolutely optimistic'' about growth at the world's largest management-software maker and isn't disappointed with fourth-quarter license sales that missed analyst estimates.
``For me it wasn't a disappointment because the fourth quarter of 2005 was such a banner quarter that there's just so much you can do in 2006,'' Hopp said in a Jan. 20 interview in Frankfurt. ``I am absolutely optimistic about 2007.''
SAP on Jan. 11 reported that fourth-quarter software sales, an indicator of future maintenance and consulting fees, rose 7 percent, the smallest gain in two years and half the pace estimated by analysts. Hopp, who owns about 9 percent of the German company, said SAP's license sales will ``for sure'' grow at ``double-digit'' rate this year. "
``For me it wasn't a disappointment because the fourth quarter of 2005 was such a banner quarter that there's just so much you can do in 2006,'' Hopp said in a Jan. 20 interview in Frankfurt. ``I am absolutely optimistic about 2007.''
SAP on Jan. 11 reported that fourth-quarter software sales, an indicator of future maintenance and consulting fees, rose 7 percent, the smallest gain in two years and half the pace estimated by analysts. Hopp, who owns about 9 percent of the German company, said SAP's license sales will ``for sure'' grow at ``double-digit'' rate this year. "
