SAP profit holds up in fourth quarter as cloud shift accelerates

By Harro Ten Wolde and Eric Auchard FRANKFURT (Reuters) - Germany's SAP on Monday reported an accelerating shift by business customers to internet-delivered cloud software, as it eked out a 1 percent rise in operating profit for the fourth quarter thanks to stable demand for its more classic software. SAP reported operating profit, excluding special items, of 2.13 billion euros (1.65 billion pounds), broadly in line with an average forecast of 2.15 billion according to a Reuters poll of ana