Business & Finance
05:35 PM

Benioff Eyes Sales Spurt

Marc Benioff
Nothing like a nice stretch goal. is predicting 50% sales growth its next fiscal year, forecasting revenue for fiscal 2007 between $460 million and $465 million. notched revenue for its most-recent quarter of $82.7 million and net income of $6.3 million. It faces evolving factors, such as SAP's promise to deliver on-demand CRM, and Microsoft's emerging road map for delivering its Microsoft Live line of on-demand tools. "This is really becoming our time," says CEO Marc Benioff. "But we have to execute."

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