On October 19, SAP announced its results for Q3 2000, in which revenues rose 27% and net income increased 96% over the same period last year. However, bear in mind that SAP’s export figures have been bloated to a degree by currency effects, namely a recent favorable exchange rate between dollars and Euros . Even without that effect, 17% revenue growth in the US is much less compared to recent reports from its direct competitors, which should indicate a possible loss of market share.
which are composed of mySAP.com sales as well as component based software sales, rose 53% to EUR 480 million. However, consulting revenues increased only 2% to EUR 404 million while training revenues grew 6% to EUR 95 million. In the third quarter, SAP''s operating margin (before STAR) improved to 14% from 10% in last year''s third quarter. STAR expenses for the quarter increased 116% to EUR 54 million compared to EUR 25 in 1999. Sales of mySAP.com, SAP''s leading e-business platform, accelerated to EUR 294