SAP enjoys a strong end to the year


SAP enjoys a strong end to the year

Simon Quicke

The positive sounds SAP has been making about Q4 revenue are likely to be countered in its next set of results with the $1.3bn it had to pay out to Oracle to settle a recent legal dispute.

The vendor was forced to cough up the damages to its rival after it's subsidiary TomorrowNow was found to have downloaded code without permission.

For now though, until the full results are announced at the end of the month, SAP can concentrate on a successful end to last year with a 27% increase in revenues to $4bn for the quarter ended 31 December.

The numbers included a contribution from Sybase, which the vendor acquired in May year, but were lacking a net profit figure, which will come after the cost of the Oracle lawsuit has been deducted.

"We are pleased to announce the best software sales quarter in the history of SAP. We achieved outstanding growth in all regions and customer segments," said SAP's Co-Chief Executive Bill McDermott.

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