Salesforce.com shares fall as concerns over long-term profitability grow

John Leonard
clock

Profits hit by continued expansion as cloud firm takes aim at rivals

Shares in Salesforce.com had risen 45 per cent since the start of the year, but lost five per cent of their value yesterday as markets became concerned about the long-term profitability of the busi...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Corporate

Trade body CISPE demands EU investigation

clock 23 April 2024 • 3 min read
IT Essentials: Summer's coming

Green

But cloud casts a shadow

clock 22 April 2024 • 3 min read
Microsoft Dynamics 365 prices set to rise

Business Software

Some prices will increase by as much as 17%

clock 15 April 2024 • 2 min read

More on Business Software

Construction's pollution problem: Nemetschek CEO on how tech can help

Construction's pollution problem: Nemetschek CEO on how tech can help

Construction is facing multiple pressures over skills, costs and pollution

John Leonard
clock 17 May 2024 • 3 min read
Microsoft Dynamics 365 prices set to rise

Microsoft Dynamics 365 prices set to rise

Some prices will increase by as much as 17%

Wade Tyler Millward
clock 15 April 2024 • 2 min read
Amazon bids farewell to Just Walk Out checkout system, introduces Dash Carts

Amazon bids farewell to Just Walk Out checkout system, introduces Dash Carts

Just Walk Out technology had to be bolstered by remote observers

clock 04 April 2024 • 2 min read