Ron Burgundy Posted October 20, 2014 Share Posted October 20, 2014 FRANKFURT (Reuters) - German business software maker SAP on Monday cut its outlook for full-year operating profit amid an accelerating shift by customers to buy its software over the Internet rather than as packaged software, delaying recognition of those sales. SAP said it now expects 2014 operating profit, excluding some special items, of 5.6 billion to 5.8 billion euros ($7.1-7.4 billion), down from 5.8-6.0 billion euros previously. SAP reported a 5 percent rise in third-quarter operating profit, excluding special items, to 1. ... View the full article Quote Link to comment Share on other sites More sharing options...
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