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Obama says he wants comprehensive climate and energy legislation, and he wants it this year President Obama yesterday rolled up his sleeves and waded into the increasingly fractious debate surrounding plans for a US climate bill, gathering key Democrat aRead more |
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Search giant to target Apple and Microsoft with business apps store Microsoft's Office suite may have its work cut out following the release today of search giant Google's new business Apps Store....Read more |
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Treasury committee urges government to include PFIs on the book when reporting "whole of government" accounts MPs are demanding the Treasury publish Public Sector Net Debt statistics - calculated according to International Financial Reporting Standards tRead more |
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and most aren't aware of their on-line consumer rights A Business, Innovation and Skills Department survey has revealed almost two-thirds of consumers are less likely to return goods bought online than those they have purchased from the high street....Read more |
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Public sector specialist hit nine per cent growth last year UK software and services outfit Civica enjoyed a growth spurt in 2009 after completing five acquisitions during the year. The firm, which was snapped up by private equity firm 3i...Read more |
SAP revenue down 10 per cent, but profit up
Business software vendor SAP released financial results for its secondquarter today showing a 10 per cent drop in revenue year-on-year, to $2.58bn
(£1.58bn) from 2008's $2.86bn (£1.75bn).
But SAP's net income of $423m (£258m) showed an increase of four per cent
from last year's $408m (£249m), demonstrating the German firm implementing
significant cost controls.
SAP chief financial officer Werner Brandt said company is dealing with the
challenging economic conditions.
"Strong cost discipline has proven itself once again, enabling us to report
another quarter of strong operating margin growth," he said.
SAP chief executive Léo Apotheker said: “While the operating environment
remains difficult, we are beginning to have improved visibility into the second
half of the year.”
Although software sales crashed 40 per cent in the quarter, the figures were
bolstered by a 20 per cent increase in support revenue.
SAP's chief rival in business software, Oracle, recorded a seven per cent net
income drop, and a five per cent revenue drop in its recent fourth quarter
financial results.
Software giant Microsoft recently reported a revenue fall of 17 per cent with
profit down nearly a third.
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Control your personal finances easily Having a program to review your personal finances is a good idea, especially in a recession. Despite the rather silly spelling of its name, Personal Accountz can be used to track bank accounts, loans, credit cards Read more |
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A neat way to streamline and optimise an ageing PC We've all experienced the scenario before: a computer is getting a bit long in the tooth and becomes sluggish, less responsive and seemingly cluttered full of processes and applications that are far frRead more |
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A powerful update to Corel’s veteran photo-editor Paintshop is Corel’s main, long-standing photo-editing software for home users. The company also has a new, cheaper Digital Studio (at £59) which provides basic tools for editing both photos and viRead more |

