Tag Archives: sap

SAP Predicts Cloud Will Eclipse Legacy Sales By 2018

SAP (SAP) more than doubled its cloud customers in the fourth quarter, compared with Q3, to 2,700 businesses using S/4HANA, its next-generation business software “nucleus” around which operators can integrate old enterprise and new hybrid “external ecosystems,” the company said in releasing Q4 earnings before the open Friday. The Germany-based business software maker reiterated its 2016 guidance, pumped up its outlook for 2017 and predicted its

Netflix Flat, IBM Falls As More Tech Earnings Loom

Wednesday’s tough trading environment rocked Netflix (NFLX) and IBM (IBM) stocks a day after the companies’ fourth-quarter reports beat earnings estimates. Over the next seven days, other big-cap techs Verizon (VZ), SAP (SAP) and Apple (AAPL) are also set to give quarterly reports. The S&P 500 and Nasdaq pared steep, early losses Wednesday, following a rough trading day on Asian and European stock markets. Crude oil fell below $27 a barrel,

Netflix, IBM Beat And Sink As More Tech Earnings Loom

Wednesday’s tough trading environment rocked Netflix (NFLX) and IBM (IBM) stocks the morning after the companies’ fourth-quarter reports beat earnings estimates. Over the next seven days, other big-cap techs Verizon (VZ), SAP (SAP) and Apple (AAPL) are also set to give quarterly reports. The S&P 500 and Nasdaq pared steep, early losses Wednesday, following a rough trading day on Asian and European stock markets. Crude oil fell below $27 a barrel,