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Trefis has raised its expectations for SAP's stock price based on some of the German enterprise-software company's new businesses.
SAP showed healthy revenue growth in its recently announced first quarter earnings, but operating profits increased by far less. Why? Because the company is putting more money into operating expenses and R&D, which sets it up for bigger profits in the longer term.
The re-weighting of the Nasdaq-100, which is expected to be announced today, could harm Apple's share price. But that may be the least of the tech giant's problems right now.
Oracle, Discover and Tiffany are all expected to report year-over-year growth for their most recent quarters this week. Meanwhile, many will be looking for an updated snapshot of the housing market, with three sets of real-estate data coming out.
Software company SAP must pay rival Oracle interest on a $1.3 billion copyright infringement verdict, a federal district judge has ruled.
Oracle, one of the world's biggest software companies, on Thursday posted fiscal second-quarter earnings that grew 28% year over year. It's the latest sign that companies are spending more on technology.
A federal jury handed Oracle a victory Tuesday in its long-running copyright infringement case against SAP, awarding the enterprise software behemoth $1.3 billion.
Hewlett-Packard'sfiscal fourth-quarter profit rose 5.2% as the world's biggest computer maker saw increased demand for high-margin products such as servers and networking and storage equipment that offset lackluster consumer demand for PCs.
Oracle CEO Larry Ellison testified that rival SAP owes his company $4 billion for stealing intellectual property. SAP has admitted that its now-defunct subsidiary, TomorrowNow, stole customer-support documents from Oracle -- but contends that it only owes about $40 million.
Before taking over the top spot at Hewlett-Packard, Leo Apotheker was CEO of SAP, the German business-software maker now on trial over corporate espionage allegations from Oracle. But HP says Apotheker won't testify at the trial.