Salesforce users can now break through the Salesforce reporting silos and now combine information with ease across any time period and across large data sets. Any Salesforce user can build or modify their reports with an easy to use drag and drop interface. Users can define their own metrics, analyze trends from any angle and share their results broadly in dashboards or in reports.

However, the analysts who follow the stock don’t seem too happy with the company yet. In early October, Roth Capital downgraded CRM to Hold from Buy and lowers their target price to $45 from $70. While, only yesterday Wedbush Morgan reiterated a Hold but lowering price target from $37 to $31. Wedbush analyst said, "We advise investors to wait for a better entry point before buying CRM shares. SMB IT spending focus shifting from revenue-generating to near-term cost-savings products is a major headwind, in our view...U.S. dollar gains also a headwind...We expect CRM to report in-line Q3 results...Lowering F2010 revenue and EPS to $1.359Bn and $0.57 from $1.378Bn and $0.59 due to the weakening global economic environment." 

Earnings Estimates
Current Estimates: $0.07
Number of Estimates: 23
High Estimate: $0.08
Low Estimate: $0.06
Last Year EPS: $0.04
Percentage Growth: 75.00 %


Autodesk, Inc.(NASDAQ:ADSK) 

Autodesk (NASDAQ:ADSK) too is reporting tomorrow after market close. The management today announced that it has completed the acquisition of substantially all of the assets of Softimage - a developer of 3D technology for the film, television and games markets - for approximately $35 million. On October 23, 2008, Autodesk announced it had signed a definitive agreement to acquire Softimage from Avid Technology. "This acquisition brings advanced 3D tools to our entertainment portfolio; tools that are known and loved by the 3D entertainment community. With production pipelines becoming entirely digital, and the convergence between games, film and television content, this acquisition is expected to complement and accelerate Autodesk's work in building real-time, interactive 3D authoring tools." said Marc Petit, senior vice president, Autodesk Media & Entertainment. Based on preliminary financial data, the company expects total revenue to be in the range of $604 million to $607 million. GAAP earnings are expected to be in the range of $0.41 to $0.43 per diluted share.