SAP quarterly results fall short as U.S. market slows

By Eric Auchard and Harro Ten Wolde FRANKFURT (Reuters) - Europe's largest software company, SAP , warned late on Friday that first-quarter results would be weaker than expected due to slower sales of software licenses to corporate customers, particularly in Brazil and the United States. Software license revenues fell 13 percent while the company's newer, but lower-margin cloud software business grew 33 percent. "America was a little more lumpy in terms of the signing of contracts," Chief Execut