MacDailyNews Take: At least now Adobe’s outlook matches their collective work ethic.
Moritz reports, “The Web software shop slashed its November sales forecast 25% below analysts’ targets Tuesday blaming a slump in demand in education markets and an overall weakness in its creative suite products.”
MacDailyNews Note: In pre-market trading, Adobe shares are down $7.01, or -21.28, at $25.93. ADBE opened yesterday at $33.66.
“Certainly Apple chief Steve Jobs condemnation of Adobe’s Flash franchise did not help improve the outlook for the segment,” Moritz reports.
Full article here.
MacDailyNews Take: Couldn’t happen to a more deserving bunch of lazy ingrates.
Soon, Steve will be able to buy the company with petty cash and begin rewriting Photoshop, Illustrator, and Dreamweaver with clean code (while discontinuing the Windows versions) and killing the mess that is Flash (cleanly as opposed to torturously).
Well deserved and called for. Adobe is the shit hole that never got cleaned.
If only ADBE could spend more resources in making their products work as designed, especially for the Mac, then maybe, just maybe, it will turn things around for them.
Adobe – mud, manure, and straw.
@MDN
Don’t forget to mention resurrecting Freehand when Apple buys out Adopey.
Flush those Flashes down that commode!
Bring back PageMaker 4.0..
Maybe now the Stock holders with demand a new “competent” CEO or with a depressed stock price, Apple could buy Adobe and put them out of their misery.
I’d like to hear what C1 thinks about her experience with sun-dried bricks. If she won’t get in trouble for it.
“and an overall weakness in its creative suite products.”
At least the analysts are now seeing their products for what they are.
Acrobat has to be the slowest launching program ever! Well, except for Photoshop.
Or maybe Google, HP or Dell will buy them. How about a bidding war?
If Apple bought Adobe and cancelled Windows versions of Creative Suite, even the fetid odor of the PC fanboys crapping themselves coudn’t stop my laughter.
sweet and end to flash HA HA. hoorah!!
and if Steve buys adobe I will rejoice. there software is one of the only reasons I can’t get my friend to switch to a mac. plus I do think there are a couple of good things they do (pdf, postscript, maybe photoshop) and steve could make them even better.
This may be the best news all week
Photoshop rewritten to be an Aperture companion, illustrator and indesign rewritten to integrate with iWork, these are a few of our favorite things…
What wonderful world that would be.
Adobe bites the dust.
Well, they did kick Quark’s ass, I’ll give them that.
Whoa, people. Let’s not throw the baby out with the bath water; for photography pros and serious amateurs, Photoshop is an essential piece of software. Aperture is great for basic post-production, but isn’t really in the same space as Photoshop.
And InDesign is vastly easier to use than Quark’s arcane software.
Just sayin’.
I hope Adobe goes under!!
Why drop the Windblows version: Apple is in business to make money. Buy Adobe and create OSX versions.
Brick by brick, Adobes house crumbles. They should have supported Mac and continued to innovate.
Note to Intuit: Please make a FULLY equal version of Quickbooks for Mac so my wife can get off the Windows/Parallels bus and be a full time Mac user.
Thanks,
Me
Is this something Apple are really interested in? After all they are about making great software that enhances their hardware.
In many ways products like Photoshop are mature. How many new features can you add? If I were Adobe I would have focused on making the CS products leaner, faster and more reliable. Sounds like they went the other way to try and charge more money.
@jax44
Uh, Intuit… I changed to MoneyWell.
@jax44
It’s mac-only… Cross-platform-software is often somewhat problematic, if you are a mac user.
@JakeB
“… And InDesign is vastly easier to use than Quark’s arcane software.”
I’ll give you Photoshop, but once you learn the key commands, Quark is far, far easier to use than IndDesign. I don’t like Quark as a company, but their software is very easy to use.
I hope that dumb ass Nirityan or whatever the hell his name is is reeling today! That shit head and all the other hacks that work at that company will regret their decision to screw with a once loyal user-base. And if Microsoft or probably even more certain – Google buys them up (because I don’t see them selling themselves willingly to Apple) then we will for a certainty see Apple finally giving us something on par software wise.
I hate Adobe, and this is the best news I could possibly read today.
Who could’ve known what we were creating when we all turned against Qvark!
Adobe was our savior then… Oh how the greed has tainted our world. The creative ones, the “crazy” ones, will make Adobe pay the price for such arrogance.
Let me see here:
Adobe posted record profits;
These profits beat estimates;
They also posted record revenue;
The revenue beat Wall Street estimates;
Their guidance was lower than the street;
Stock tanks.
As I said in an earlier thread, this is a very familiar scenario. AAPL had been playing it for years, guiding conservatively, and causing the stock to dip (or tank) because of that.
I’m no fan of Adobe either, but I’m not quite sure if the Wall Street reaction isn’t just the usual knee-jerk that happens to everyone when they don’t play the WS favourite song.