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More on SAP (SAP) Q3: Changes corporate structure to "On Premise" for traditional operations...
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Wednesday, October 24, 2012, 3:44 AM ETMore on SAP (SAP) Q3: Changes corporate structure to "On Premise" for traditional operations with software on the customer's hardware, and "Cloud" for online business. Raises 2012 software and services revenue growth forecast to 10.5%-12.5% from 10%-12% prior to reflect $4.3B acquisition of Ariba. Continues to expect operating profit of €5.05B-€5.25B. SAP shares +3.3% in Frankfurt.
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