Tag Archives: crm

Appy Salesforce.com Isn’t Partying Over Apple’s Store

Years before there was an Apple (AAPL) App Store, there was the App Store name, a natural for a cloud software company like Salesforce.com (CRM), but even better for a company named Apple. So Salesforce CEO Marc Benioff gave the name to Apple CEO Steve Jobs and instead opened Salesforce’s “AppExchange” in 2006, 10 years ago this week. In 2007, Jobs launched the iPhone and Benioff’s Salesforce Labs launched its 100th free business application, but

Salesforce Stock Pops As ‘Visibility Strong’ After Q3

Salesforce.com (CRM) stock popped as much as 7% to a record high Thursday, the morning after the pioneer in software-as-a-service reported its fiscal Q3 EPS ex items jumped 50% to 21 cents a share on revenue of $1.71 billion, up 24%. Not unusual for Salesforce, both metrics — and its sales guidance — beat Wall Street estimates, but the Q3 growth rates came after some tough comparisons . A year earlier, Q3 earnings rose 56% and sales 29%. And the

Salesforce Q3 Beats Street, But Not Tough Comps

The pioneer in customer relationship management software and software as a service (SaaS), Salesforce.com (CRM) said Wednesday that it pushed third-quarter adjusted earnings up 50% to 21 cents a share on revenue of $1.71 billion, up 24%, beating Wall Street estimates. That is typical of the company, but it was easier said than done, as Salesforce was building upon tough comparisons. A year earlier, Q3 earnings rose 56% and sales 29%. And its Q2