Salesforce expects lowest quarterly growth in two decades

Salesforce has disappointed investors by posting revenue below expectation and forecasting sales for the next quarter at the lowest level of growth for more than two decades. Despite this, the CRM giant said it would recover from the setback and would stick to its sales forecasts for the 2025 financial year. For its Q1 ended …

[Anonymous Coward]

17%?

Only 83% more to go. I'll wait patiently.

[Anonymous Coward]

Re: AI Booyakashan

MS revenue per quarter ending March 2024 stayed flat compared to Dec 2023. Despite over 100 Co-pilot products to choose from - I guess they need to create more.

Another 2 quarters like that and they'll need to start blaming the unemployment rate for a lack of sales.

[mikus]

Same stench as Oracle or SAP

Salesforce is like the lesser evil of that world that they with Oracle and SAP all divvy up. Even Slack's acquisition can't make them great again as a cool kid, as most of the user base that would use SF just uses Microsoft Teams by default, and people are already over the hype of AI replacing humans to improve their bottom line.

[Anonymous Coward]

Re: Same stench as Oracle or SAP

I guess it will be another 7,000 jobs to go to keep Elliot Management - scum et al - happy then.

AI will concur with that strategy.