7/18/2013

SAP says its revenue in the second quarter was up 4% from a year ago to $5.3 billion, while profits increased 10%. The company warned, however, that it expects 2013's full-year revenue from software and software-related services won't be as high as previously forecast, because of economic conditions in Asian markets and the industry's transition to cloud-based services.

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Network World, CNBC

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