View Full Version : Adobe Systems 3Q profit down, tops views
RobertoOrtiz 09-14-2006, 10:08 PM Quote:
"Adobe Systems Inc., which makes publishing and design software for digital documents, easily beat Wall Street's expectations Thursday when it reported that third-quarter profit declined but revenue soared nearly 24 percent.
The announcement helped push the stock up $2.35 in after-hours trading. Adobe shares closed Thursday at $33.65, up 12 cents from Wednesday on the Nasdaq Stock Market.
Net income for the three months ended Sept. 1 declined 35 percent to $94.4 million, or 16 cents a share, from $144.9 million, or 29 cents, in the same quarter of last year. Sales were $602.19 million, up from $487.04 million last year.
Adobe closed its $3.4 billion purchase of Macromedia Inc., which makes Web software, in December. The company disclosed Thursday that it spent $70 million in the third quarter on direct and indirect acquisition costs."
>>LINK<< (http://news.yahoo.com/s/ap/20060914/ap_on_bi_ge/earns_adobe_systems)
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EnlightenedPixel
09-15-2006, 04:18 AM
I cant help but wonder if maybe they would sell more and heck, probably prosper more too in general, if they made the price of their software more reasonable. Same goes for every other software developer out there. Gotta say though, Im glad I didnt invest in them, then again, I dont have any stock period. My loss?
Blikkie
09-15-2006, 08:12 AM
I cant help but wonder if maybe they would sell more and heck, probably prosper more too in general, if they made the price of their software more reasonable. Same goes for every other software developer out there. Gotta say though, Im glad I didnt invest in them, then again, I dont have any stock period. My loss?
I really doubt it. Any self-respecting pro buys in on adobe anyhow, because, basically, the software is just worth every penny. They might gain some share in the home-user market with a non-commercial license, but I doubt if there is much te be gained from the overpirated home-user market, and enforcing commercial licenses will probably be a major headache.
L.Rawlins
09-15-2006, 11:03 AM
I cant help but wonder if maybe they would sell more and heck, probably prosper more too in general, if they made the price of their software more reasonable. Same goes for every other software developer out there. Gotta say though, Im glad I didnt invest in them, then again, I dont have any stock period. My loss?
The price point is fine. If the bells and whistles Adobe line were 'open to everyone' as it were, there'd be no career path in design and the market would just be completely saturated. That's why it's regarded more an investment than a plain purchase.
Adobe developed Elements for everyone else.
PyRoT
09-15-2006, 12:07 PM
I don't know about you guys but I pesronally find that the effort put into Photoshop for examples pales in comparison to 3D Apps. The new features taht come out with each release of a 3D program are so numerous yet Photoshop comes out with new versions that have very little new and useful stuff.
Tomek
mech7
09-15-2006, 01:04 PM
Yeah you can still work fine with photoshop 7.. ok cs and cs2 has some very small nice features extra but nothing really mind blowing i would say :)
EnlightenedPixel
09-15-2006, 02:13 PM
The price point is fine. If the bells and whistles Adobe line were 'open to everyone' as it were, there'd be no career path in design and the market would just be completely saturated. That's why it's regarded more an investment than a plain purchase.
Adobe developed Elements for everyone else.
My point is that we are seeing more and more free, original pieces of art software, and a lot of them are getting very good, compedative even, and they're absolutely free. Which makes me think they're massively overcharging on what we pay for Adobe software, or most art software for that matter. The only thing they realy seems to give them an advantage is filters, and that can change.
JeffClash
09-15-2006, 05:33 PM
There are other free art packages out there, but when you're working in a production environment with multiple applications, Illustrator, Photoshop, Indesign, Dreamweaver and Flash, it makes more sense to have software that fits into that pipeline easily and as seamless as possible. There's many reasons to purchase Adobe software, and now that they have the Macromedia software as well, there's many more reasons...
swardson
09-15-2006, 07:23 PM
I cant help but wonder if maybe they would sell more and heck, probably prosper more too in general, if they made the price of their software more reasonable.
Isnt that what Photoshop Elements is for?
richcz3
09-15-2006, 07:54 PM
Yeah you can still work fine with photoshop 7.. ok cs and cs2 has some very small nice features extra but nothing really mind blowing i would say :)
...and before 7 it was 5.5.
I use Photoshop 7/Image Ready day-in day-out here but I also use the Macromedia suite to fill in areas outside of PS. There simply isn't anything in the CS series I find compelling to upgrade. Adobe knows that PS is a market standard and as such does very little to differentiate features from version to version. I just hope Adobe doesn't tank Fireworks - my swiss army knife of 2 graphics.
alvin-cgi
09-16-2006, 09:38 PM
There are other free art packages out there, but when you're working in a production environment with multiple applications, Illustrator, Photoshop, Indesign, Dreamweaver and Flash, it makes more sense to have software that fits into that pipeline easily and as seamless as possible. There's many reasons to purchase Adobe software, and now that they have the Macromedia software as well, there's many more reasons...
Thats correct, but I do feel that Adobe products are overpriced, and the upgrade paths are also killing me, I am still on CS1 and dont really miss anything on CS2(I think)... too much $$ and too little features worth it... I am happy we have FCP, motion, combustion etc to compete with Adobe...:)
Isnt that Microsoft is developing new design/publishing softwares??
L.Rawlins
09-16-2006, 09:54 PM
Isnt that Microsoft is developing new design/publishing softwares??
http://www.microsoft.com/products/expression/en/default.mspx
leigh
09-17-2006, 10:08 AM
I don't know about you guys but I pesronally find that the effort put into Photoshop for examples pales in comparison to 3D Apps. The new features taht come out with each release of a 3D program are so numerous yet Photoshop comes out with new versions that have very little new and useful stuff.
Tomek
Apples and oranges.
The fact is that while the sheer number of new features in a new release of Photoshop may not be pages long, those features are really great and well implemented. The high dynamic range tools in CS2 were worth the upgrade alone.
Photoshop has been a core part of my work for over a decade now, and for my money it's worth every cent.
yann22
09-17-2006, 11:31 AM
I'd have to agree, especially as far as the features are concerned: if only the makers of 3d apps wouldn't keep announcing stuff that you have to wait ages for or adding half-implemented features that have to be basically beta-tested for 1 1/2 version numbers, but just get on with it and announce and implement important stuff that is truly production ready I think the scene would be somewhat saner.
TroutMaskReplica
09-18-2006, 02:38 AM
as far as developing photoshop, adobe really has to do very little to the actual sofware in terms of adding features to keep us upgrading. apple took care of that with the forced processor architecture change.
i'm assuming that most of the print design industry still uses macs - i know our studio and the studios i come into contact with still do - but i may be a little ignorant of the broad trends, operating as i do in my little bubble.
i know most of the 3D industry uses PCs.
anyone have hard data on what percentage of photoshop users use mac vs. pc?
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