Salesforce: Improving Profit Margins Come With A Backstory
Stephen Lam Salesforce (NYSE:CRM) is the number one enterprise software company with a 22% share of the market followed by MSFT (MSFT) at 5.7% and Oracle (ORCL) at 4.7%. It is also the number three software company, in this category trailing Microsoft and Oracle. Though number one in the category it dominates it clearly has plenty of room to expand. It has an estimated Total Addressable Market with a self-generated figure of $$290 billion by 2026. Trailing Q3 2023 (2024 FY) revenues were about $$34 billio ...