SAP’s Cloud Computing May Not Be Profitable by 2013, Welt Says

SAP AG (SAP)’s cloud-computing business won’t be profitable this year, Welt said, citing an interview with Chief Financial Officer Werner Brandt.

It’s too early to say whether the business, software sold as an on-demand service, will be profitable by 2013, Werner said, according to the German newspaper.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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