Wrong. Last year, the main product grew to 25% market share (in a growing market). That's organic growth.
Non-GAAP numbers are more sensible than GAAP in this case. You shorts seem unable to understand why. Not my problem.
Huawei has that "special" research department which "surprisingly" produces designs just like other companies' R&D. Chinese corporate espionage is a real factor in evaluating the future of these companies.
I do share what I know and i do not feel bad when others choose to do the same. On the other hand, i rarely waste time insulting strangers. Ignored.
Totally wrong. It is not me predicting $1 billion in two years. It is CIOs predicting it in one year. Your mistakes are surely intentional? Can you read?
Salesforce is a high-growth, high-profit company. If you fail to understand that, you will lose tons on this stock.
Or is it this survey as mentioned in flyonthewall?
".... surveying chief information officers, Pacific Crest reports that
the executives plan to buy more software-as-a-service solutions.
As a result, the firm thinks that the revenue generated by Salesforce's
Marketing cloud business can reach $1 billion. ...."
SaaS Marketing acquisitions cost them around 2 billion, but
revenue will be only one billion next year, and only growing around
100% y/y ! What an awful mistake! Short more now!
All the longs needed was OpenStack! Now platform users can choose from multiple infrastructure vendors. Salesforce platform is more of a standard than ever.
possible, but i did not notice any of them posting real-time trades - just hot air.
a nice theory, but previous weeks had inflows.... oh well.
The first sell was caused indirectly by a butterfly in China.... Then, momo.
"By Sam Forgione NEW YORK, Dec 12 (Reuters) - Investors in U.S.-based funds pulled $6.51 billion out of stock mutual funds in the week ended Wednesday....."
The general public holds mutual funds and when they decide to sell a lot, the pros that run the mutual funds must sell stock. Lots of funds and ETFs own CRM. Maybe redemptions started the recent fall in price. (I lack previous weeks' data) Then, it became a momo play to the downside.
Managers can have their cake and eat it too by selling CRM in particular:
--take big profits
--balance their allocations
--sooth fear and pain due to falling price and underperformance (lately)
So IMO this will head further down in the next week or two. Buying all the way down, my next buy will be below 50. But for short-term trading, CRM is a sell.
Disagree. I am investing, also trading. It already has a subscription revenue stream of $5 Billion/yr and it has barely begun to earn from the major lines of business.