There are analysts and fund managers who have ignored GAAP earnings. Between the real GAAP losses that are increasing and the SEC questions about CRM's bookkeeping, there will be days when CRM plummets. The question is when.
Revenues over 3 bill, CEO is just really fat and really cool, non gaap beat by .11. REVS up over 31 per cent. All the other cloud companies lose money too! It's like the govt, the more they spend, the less you should worry about the debt. THey just make it rain with shares. How could you miss all that?