Shares in SAP dipped ~ means of two per cent, despite the company announcing solid second-quarter results, outperforming manifold analysts’ expectations.

The software firm announced service revenue of £1.9bn in quest of the second quarter of 2010, an increase of 16 per cent compared by the same period last year.

It also claimed that software and akin service revenue would rise by nine to 11 per cent on the supposition that sales from recently acquired database specialist Sybase were taken into dignity.

As a result, SAP slightly raised its sales outlook for the filled year but the guidance was seen as overly cautious by some analysts and it disappointed investors, who sent SAP’s part price down by more than two per cent, according to the Financial Times.

The advice came after software rivals Oracle and Microsoft reported double-digit advance in recent months, demonstrating that customers are now spending on software projects that were postponed the ~ time year due to the economic crisis.