Software company SAP says Q4 sales up 12 pct

UPDATED 12:52 PM EST, January 15, 2013

FRANKFURT, Germany (AP) — Business software provider SAP AG says sales rose 12 percent in the fourth quarter thanks to strong results from Asia.

Revenues rose to €5.02 billion ($6.7 billion) from €4.50 billion in the same quarter a year earlier. Software revenue rose 22 percent in the Asia-Pacific-Japan region but only 8 percent in Europe, the Middle East and Africa.

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