SAP Q2 Early Takes: Murky or Muddy?

Investors told ‘Wait until next year’ for margin gains

Says trade tensions with China affected sales

Re-evaluating SAP’s Qualtrics acquisition in the light of Medallia’s blowout IPO https://t.co/A8iPjaRM9YJuly 22, 2019

SAP Q2 2019: Trade war hits software license sales https://t.co/XamUEBTt68 via @ZDNet & @SecurityCharlieJuly 18, 2019

SAP says big margin gains to wait until 2020, shares down https://t.co/tq7LY2KdFaJuly 18, 2019

SAP Executives Come Out Fighting as Shares Slump on Growth https://t.co/FQODOmDbzI via @YahooFinanceJuly 18, 2019

“What you’re not counting on is how much revenue will come SAP’s way by relying on” cloud partnerships with the likes of Amazon and Google, SAP’s Chief Executive Officer Bill McDermott told analysts during a call. “There’s no reason to think this is slowing down.”

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