“Adobe’s (ADBE) weak outlook was greeted by a round of analysts downgrades [price targets cut from the $40 range to the $30 range] that sent the stock tumbling Wednesday,” Scott Moritz reports for TheStreet.com.
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.
For Apple to buy Adobe, close own the Windows versions or stop further development would empower the critics who could bring much trouble and legal strife of anti-trust and monopoly flavours.
In the Windows world, there are several non-Adobe solutions to Adobe CS. In addition to Corel’s various tools, there’s the old QuarkXpress, then for video, there’s Sony, Pinnacle, Ulead and others, and about the only missing solution would be Flash, where Adobe holds monopoly. If Apple were to simply kill Flash altogether, this issue would go away.
I can’t possibly think anyone reasonable corporation would do something like that — invest $20B in some business, then kill its primary revenue stream. However, unless there are regulatory obstacles to such action, Apple could possibly do it as a major strategic move. Eliminate the last remaining obstacle to embracing future technologies. The only wrinkle here: EEE (Extend – Embrace – Extinguish). What we’ve been accusing Microsoft of doing for decades, Apple would essentially be doing by acquiring Adobe and then killing one (or more) of its products.
@ Cubert
I’ve said my peace on this issue, but I’ll summarize it once more – Adobe is a company full of creative people who do some great work, and milquetoast, tissue-tiger management who know a lot about Synergy and nothing about software or creative users. There is no vision at the top. None. There is a lot of Leveraging and GoToMarketing and a hell of a lot of bean counting. But the Vision Thing is absent from the top floors of the TriCastle. It’s a maddening and frustrating place to work if you’re concerned about your user base.
I left Adobe back in 2007. I still run photoshop on an older Quicksilver Mac, it does all we need.
Adobe’s India Software digital rights authorization totally sucks. They told me my software was too old to authorize. I said “give me your employee ID so when I call Adobe USA I can tell them the name of who refused to let me authorize software I paid for”. They finally bucked up an authorization for me after 128 minute phone call.
Adobe policy of not allowing software upgrades to more than 3 generations old CS suites is also BS. In 2000 I had current licenses to every Adobe product, now I have none. Nice one Adobe for keeping customers happy. Die Die Die
The high-prices for being in the Adobe fan club are bad but their arrogance is unbelievable and will be their downfall.
Reminds me of Macromedia before they were bought by Adobe. Director became the biggest P.O.S. on the planet after version 4, they just kept coming out with virtually meaningless upgrades and never squashed the bugs. Flash is just Director repurposed for the internet. Personally I took such a butt-beating on Director that I NEVER considered getting into Flash.
C1,

” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
Thanks. Guess I don’t read the MDN peanut gallery as much as I should.
Headline:
“I Refuse to Purchase Adobe Products, Due to Adobe’s Past Abuse of Apple Users – Adobe’s Stock Crumbles”
Adobe needs to lower there prices. CS4 is already pretty capable, paying a lot of money regardless of how good the CS5 is can be a hard pill to swallow. Specially for independent freelancers. I bit the bullet and I think the investment was worth it. But I also had a pretty souped up Mac Pro waiting for 64 bit Adobe software.
I have mixed feelings about this. But a part of me wishes Apple would buy adobe. Bring back FrameMaker for the Mac for one thing, and make it the great program it could be. There’d probably be anti-trust issues, so hopefully they could overcome it. But with the value of Adobe down so far, it’s beginning to look like Apple could purchase it and make a true ally out of them.
I don’t think they necessarily should drop the windows version of their software, well, OK, they could drop the windows version of Photoshop and focus on it using everything Mac OS X has to offer a program like that. Oh alright, maybe they can just drop the windows versions of everything. Windows should be phased out of everyone’s lives.
@ CrissyOne
Interesting information. I have wondered what is going on at Adobe. I love Photoshop and use it every day. But I wonder about the prices they charge and the obvious arrogance of the guys who do the company presentations. Plus the software just does not run as well as OSX. But what does?
@Arnold Ziffel
“Adobe – mud, manure, and straw”
You rule the thread.
One benefit of Apple getting Adobe would be getting rid of the top tier of clueless management that set the tone for the rest of the company. Usually I’d feel badly at the prospect of anyone losing their jobs, but in their case, not so much.
Let me be clear on this – this is a management/leadership issue, at least from my experience. The people that actually do that work, in fact, do great work. But it seems it’s getting harder and harder to get the right tools and the right support from upstairs to get that done. I hope it changes. I’d love to work there again. It’s just really hard to love where the company is going lately.
I really wish Adobe just died as a company.
Adobe = modest frequent version updates = pricey upgrades = user “leave me be!”
Frankly I hate the upgrade cycle where I have to upgrade more for OS changes reasons than any advantages of an added feature set. There outta be a law that requires software manufacturers to issue cheap or freeupdates for OS changes to existing versions. I would love a Microsoft Word 5.1a updated for Snow Leopard! At no charge of course…
How stupid is this company?
Quark’s moribund, lazy management was trounced by Adobe’s Creative Suite, but now Adobe has mirrored Quark’s mistakes instead of learning from them.
Every major software app from Adobe has been riddled with glaring bugs and faults for years, but Adobe prefers to collect huge upgrade fees from users every year instead of fixing or even upgrading that software.
Quark thought they were invincible. How long before Adobe suffers the same inevitable fate?
@jmk,
Well, as you might guess, I am very familiar with mud and manure.
Oink!