Friday, January 12, 2007
SAP Shares Drop More Than 8 Percent - Forbes.com
SAP Shares Drop More Than 8 Percent - Forbes.com: "Shares of business software maker SAP AG dropped more than 8 percent Friday after it warned that it would not meet its 2006 software license sales goals because of a slowdown in its key U.S. and Asian markets.
Software sales are key benchmark for companies like SAP (nyse: SAP - news - people ) and rival Oracle Corp. (nasdaq: ORCL - news - people ), which use them to generate revenue from maintenance and consulting."
Software sales are key benchmark for companies like SAP (nyse: SAP - news - people ) and rival Oracle Corp. (nasdaq: ORCL - news - people ), which use them to generate revenue from maintenance and consulting."
