16-Jan-2012 - SAP Q4 revenues jump 11 percent

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SAP on Friday reported preliminary fourth-quarter results that showed revenue rise 11 percent to 4.5 billion (US5.7 billion), according to IFRS (International Financial Reporting Standards). Software and software-related services revenue for the quarter stood at 3.72 billion, a rise of 14 Red Sox Studio headphone percent. IFRS operating profit jumped 206 percent to 1.67 billion, helped by SAP's previous lowering of a provision it set aside for the lawsuit Oracle filed against it and its former subsidiary TomorrowNow. The judge in the case overturned the US1.3 billion jury award Oracle won, and beats by dre studio limited edition grey headphone gave Oracle the choice of accepting 272 million or seeking a new trial. No decision has yet been made by Oracle. Overall, the quarter's growth came from strength in SAP's "core applications business, strong momentum for analytics and mobile solutions and accelerated growth for SAP's breakthrough technology SAP HANA," the company said in a statement. To continue reading, register here to become an Insider. You'll get free access beats by dre studio graffiti headphone to premium content from CIO, Computerworld, CSO, InfoWorld, and Network World. See more Insider content or sign in.

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