Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?
Adobe (ADBE) is famous for developing software tools used for the purpose of website designing, video editing, print layouts and digital publishing. Adobe's Creative Suite of software is used by creative professionals such as graphic designers and photographers, as well as hobbyists, to create visually rich print and online content. Such content includes photographs, videos, animations and mobile content. Adobe is the largest player in the creative software market and has around 46% market share. It competes mainly with Microsoft (MSFT), Apple (AAPL), Quark and Corel in this market.
creative suite posts
FeedAdobe's Upside and Downside Market Share Scenarios
Continue reading Adobe's Upside and Downside Market Share Scenarios
Adobe Systems: For High-Risk Investors, Only
Adobe Systems Inc. (ADBE), which warranted a stand aside view in October, has cleared 'the danger zone,' from a technical standpoint, but risks persist. Adobe, first discussed on January 15, 2009 at a price of $16.92, should see 2011 revenue rise 8-10%, but much of it is contingent on client receptivity to Creative Suite 5. A smaller portion of the growth projection will be due to new versions of the Acrobat reader, and the acquisition of Day Software.
To be sure, so far sales of Creative Suite 5, or CS5, have outpaced CS4, but the continuance of that trend is dependent on the U.S. economic recovery's durability. In other words, underperformance in U.S. GDP growth for a quarter or two would really weigh on CS5, hence ADBE is now in the high-risk stock category.
Continue reading Adobe Systems: For High-Risk Investors, Only
Adobe cuts R&D spending
This post was written by Minyanville contributor Fil Zucchi.
You can spin last night Adobe Systems Inc. (NASDAQ: ADBE) report any way you want. My take is that it was somewhere between decent and "not as bad as feared". My reasons for being long are intact, and they're the monster free cash flow and a near monopoly position in its field, amongst others.
The one thing that does bother me is that most models now show a decrease of about 10% in research and development spending for this year and only a very modest increase next year. For a company like Adobe, R&D is their business and to watch them cut down on it to make bottom line numbers does not give me the warm and fuzzies.
Adobe beats Wall Street estimates for Q1 earnings
As we noted earlier today, Adobe Systems Incorporated (NASDAQ: ADBE) was scheduled to report its first quarter earnings this afternoon following the market close, and the company put up earnings that beat Wall Street estimates by a penny.In our earnings preview for Adobe, we saw that the company had been expected to show earnings for the quarter of $0.44 per share, and the actual earnings for the quarter were slightly better, with a reported $0.45 per share.
Continue reading Adobe beats Wall Street estimates for Q1 earnings
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
