More on SAP (SAP) Q3: Changes corporate structure to "On Premise" for traditional operations...

|About: SAP AG (SAP)|By:, SA News Editor

More 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.