Tuesday, June 03, 2014

Falling Price of Shares Creates Risk at Salesforce - NYTimes.com

From a Salesforce.com reality check

"“Salesforce is doing phenomenally well,” Mr. Benioff proclaimed last year at a company conference.

But the company, which is based in San Francisco, is remarkable in another way. Over the last decade, it has, in aggregate, produced no net income — in fact, its losses were larger than ever in its last two fiscal years.

It is hard to think of another maturing technology company that has managed to get investors as comfortable with red ink as Salesforce. Even Amazon, with its growth-at-all-costs strategy, often deigns to churn out a meager profit for its shareholders."
Falling Price of Shares Creates Risk at Salesforce - NYTimes.com

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