SAP Lifts 2012 Revenue Target as Software Sales Beat Estimates

SAP Lifts 2012 Revenue Target as Software Sales Beat Estimates

David Paul Morris/Bloomberg

SAP forecast growth in software and related service sales, based on non-IFRS accounting rules, will reach the “upper end” of a range of 10.5 percent to 12.5 percent this year, because of contribution from Ariba Inc. and SuccessFactors Inc.