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Business software maker SAP delayed by 12-18 months the rollout of new software on which its growth plans depend and reported a weak first quarter as American software sales fell, hitting its shares.
SAP said on Wednesday it would now take longer to generate $1bn in revenue from 10,000 Business ByDesign customers, which it had aimed to achieve by 2010, as it was still fine-tuning the product and would reduce investments this year.
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