Executive Summary The reasons offered for Bill McDermott to step down are highly questionable. We evaluate the official story and project the most likely real reason. Introduction On October 10, Bill McDermott announced he was stepping down as CEO of SAP. The announcement caught virtually everyone that follows SAP by surprise, and the explanations for…
Executive Summary The quarterly analyst calls held by SAP are known to have very easy or compliant questions. We explain why this is the case. Video Introduction: Why Analysts Do Not Ask Challenging Questions on SAP’s Quarterly Calls Text Introduction (Skip if You Watched the Video) For years, we have read the quarterly SAP calls…
Executive Summary The recent SAP and Oracle layoffs are different from prior rounds of layoffs. The layoffs are byproducts of broad internal restructuring plans. Introduction The recent Oracle layoffs and SAP layoffs had specific important characteristics. Oracle’s board approved the restructuring plan for fiscal 2019 of up to $432 million. The company spent $297 million…
Executive Summary SAP made a large number of inaccurate statements to Wall Street analysts in the Q2 2017 earnings call. We cover the accuracy of SAP on this earnings call. Introduction On July 20th, 2017, SAP held its Q2 call with analysts. This article is an analysis of some of the information provided by SAP…
Executive Summary SAP provided a large amount of false information on their Q1 2017 earnings call, while none of the Wall Street analysts seemed to notice. Introduction On April 24, 2017, SAP held its Q1 call with analysts. This article is an analysis of some of the information provided by SAP in this call. Much…