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SAP AG (NYSE:SAP): Current Price $78.38
SAP AG (NYSE:SAP) provided bullish guidance for the year, projecting earnings to rise 12% as introductions of new mobile and web based programs and the fast Hana database help its growth despite shrinking economies such as the Euro zone. Adjusted operating profit is expected to rise to €5.85 billion-€5.95 billion from €5.21 billion in 2012, versus projections of €6.11 billion by analysts. SAP expects sales to exceed €20 billion by 2015, aided by new product introductions.
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