“Adobe Systems Inc. on Tuesday reported a fiscal third-quarter profit of $195 million, or 39 cents a share, on revenue of $1.013 billion, compared with earnings of $230 million, or 44 cents a share, on $990 million in sales in the same period a year ago,” Rex Crum reports for MarketWatch.
“Excluding one-time items, the publishing and digital software company would have earned $273 million, or 55 cents a share,” Crum reports. “Analysts surveyed by FactSet Research had forecast Adobe to earn 54 cents a share on $1.03 billion in revenue for the quarter ended Sept. 2.”
Read more in the full article here.
Couldn’t happen to a nicer company.
Here’s a (few) thought(s), Adobe, go back to developing your software on Macs. Bring back feature parity. Quit the insane price structure. It shouldn’t cost $600 to upgrade the master suite. How about FrameMaker. How has dropping Mac support worked out? Not well, I imagine, but you’re too stuck on Windows. In addition that idiot at the top is making bad decisions. What’s taking so long to get 64-bit support on your other apps? Somehow, I don’t think it’s as hard as you pretend. I don’t know if the company is specifically run this way, but it has the smell of a company run by accountants, not visionaries. No slam on accountants, but generally speaking, they should not run the show any more than sales people.
“a company run by accountants”
Or salesmen, like the Ballmer.
Does anybody know what the one-time items were ? The original article doesn’t explain either.
Adobe reported Premiere sales boost; maybe this is related not to Apple’s failure (or ‘failure’) with FCPX, but with the payments Adobe made to video editors so their would adopt Premiere? Or with similar marketing activities to push Flash to the throats of some unwilling customers?
(Just kidding; sorry.)
I had to learn the adobe suite at film school. Its crap software: takes ages to install and the file sizes are HUGE (crap adobe development environment); the user interface is awful (inconsistent within itself and very “un-mac”; memory management is crap too – huge program files mean insufficient resources left for doing any work.
Adobe is the new microsoft – having an adobe-free Mac is my primary goal…
Actually, I like Adobe. I’m a package designer, and I use AI, PS and INDD daily. They’re great products…
Flash, however, I can do without.
As a long time designer that got started with Illustrator ’88 and PageMaker 1.0 in college, I am starting to think we have the Stockholm syndrome.
I mean, Adobe has not done any meaningful enhancements in ages, while continuing to ignore flaws at the core of their products. Apple gave them the heads up the day that SJ came back that they would need to re-evaluate their code stack from the ground up, and they raised their middle finger.
Why, for instance, does each part of the suite look different than the others from dialog boxes to menus and panels.
I came to the conclusion long ago that the people at the top despise the mac (just like their coxsuxing friends at M$ and Dull.
However the tides are changing and they might pull their ass out of the fire now that the shareholders have apparently put the screws to the assholes at the top.
Adobe needs to bring back PageMaker 4.
Why not PageMaker 1.0, that had to be loaded from floppy discs before you could start working?
Actually, InDesign, although it does the job, is basically a glorified version of PageMaker.
I was thinking of changing from QuarkXPress to Adobe inDesign… but I’ve kept that decision on hold until I upgrade my iMac and know for sure which upgrade is better and cheaper.
I’m sure many thousands of magazine people are in the same position. Shame they are both horrible companies.
Ugh! You still use Quark? I can’t even fathom that. I used Quark for over 10 years. I’d never go back. InDesign is a monsterous huge leap forward.
But many said that Quark was already the best of the best system, and it was perfected, refined and polished through many years and versions.
Is InDesign really better? Were all these designers who thought nothing could be done better after QXP?
Were all these designers *wrong* who thought nothing could be done better after QXP?
InDesign is way better than that dinosaur Quark. It will take an afternoon for you to make the transition and then you’ll be functional. The more sophisticated commands you’ll learn as you encounter the need for them, it is easy to figure out.
Adobe makes good graphic programs and they have a well thought out interface. I hope they work closer with Apple and get some more unique ideas into their programs. Also the cost to initially buy the software packages prevents a lot of beginners from buying the program and instead use pirated copies.
I thought this debate was over 20 years ago. QuarkXPress sucks and the company sucks even more.
I never heard anybody claim that. That’s crazy talk. There’s no such thing as software that can’t be improved.
Any designer who claimed otherwise was probably on drugs. Designer drugs maybe.
As I understood, they did not mean in in absolute way; even though QXP was polished, there is always something to improve. But these designers thought that *conceptually* there can not be done anything better.
So the question is whether InDesign is conceptually better than QXP, and how.
I think that the people who are dissing Adobe CS are those who don’t use it. Photoshop, Illustrator and InDesign are amazing products, the best in their class. QXP has been trying to catch up to ID for a long time now, and there simply are no serious competitors to PS and Ill.
Photoshop, InDesign and Illustrator are the best in their class, which doesn’t say much for the competition. All three products, good as they are, are really largely the same as they were 15 years ago. Adobe has been coasting for far too long, and their interface designs are a nightmare. Of course, one gets used to the mess that is an Adobe interface, but that’s not saying much.
P.S. Adobe just announced Photoshop Elements 10 at a retail price of $100. Owners of previous versions get a whopping $20 discount. Talk about sucking your customers dry!
Those whores!
I happen to like being sucked dry.
Yet they bragged about how their huge 45% whatever uptick of their other POS. I’m through with Adobe. Only thing I have left from their suite is Acrobat. Still need a good illustrator replacement but Acrobat is gonna be a hard one to replace. Yes Adobe sucks for killing GoLive.
OMG. Really? GoLive couldn’t have sucked worse if it tried. The code it generated was abominable. The only thing Adobe could do to stay in the game was to buy Macromedia Dreamweaver which was light years ahead of it’s own offering at the time.
I tried to use Adobe Premiere Elements on my Mikey Dell PC laptop. Yes I have one …Work in a PC place… Anyhow Premiere Elements was really hard to use after using iMovie the past 7-8 years or so. It really is junk. I deleted it and use Roxio software on the PC now … it works somewhat better for me. By the way OS X user since 10.0. I have used every version since. I have a MacBook Air now using Lion. My favorite computer is my old G5 PPC running 10.5.
I spent 30 years in photographic darkrooms. Now I don’t. Thanks to Adobe and Apple. I’ve never paid for an Adobe product. Ever. They give it to me. Then again I write for a Photoshop magazine.
Lucky old me?
No! I earned it.
Still nothing better, yet, than the Photoshop/Lightroom combination if you take photographs.
No complaints here.
Most people work hard, whether their hard work pays off or not. That makes you a lucky stiff in my book. Anyone who thinks they’re “doing” anything in this wildly unpredictable world is deeply delusional.
Oh boohoo Adobe, is your lousy Marketing-As-Managment catching up with you and biting you in the ass? Darn! Maybe it’s time to fire your management and get back to work as entrepreneurial and creative engineers once again.
That’s the clue! It’s free! Now take it.
Otherwise, just get out of the business and let better engineers pick up where you left off years ago. 😛
wow.. i’m shocked.. after how GREAT the customer service is, how CONNECTED they are to their customers and improve their products and charge such a fair price for them.. and the leadership…. i mean.. can you get any better?… seriously… adobe, your days are VERY numbered unless you start CARING about the people who financially support you… THE CUSTOMERS!!!!
Let’s face it. For professional users, Final Cut X s**ks. I have been using and selling Apple products for 4 decades. Specifically video since the 90’s. Adobe has a huge opportunity here. They have to focus on the Mac where the real Pro users are. If they don’t, they can kiss it goodbye, because Avid will eat their lunch. They have a pro base, and almost lost it when they insisted on Windows systems a few years back, now they can recapture it. For Pete’s sake, Apple, keep making improvements in the Mac Pro. We all don’t want to edit for YouTube on iPads. Adobe, if your smart and want the FCP market, focus on the Mac for a change. Do you remember where you got your start? That is where the creatives still want to be. Mac. i’d rather retire and milk cows than move to Windows.