Saturday, June 20, 2009

Adobe Profit Falls 41% on Slumping Software Demand - Bloomberg


Adobe Profit Falls 41% on Slumping Software Demand
Bloomberg
The software, which includes Photoshop and Illustrator, accounts for about 60 percent of revenue. While the company's third-quarter forecast was in line with Wall Street estimates, investors had expected more, said Sasa Zorovic, an analyst with Janney ...
Adobe Systems posts drop in 2Q profit, sales The Associated Press
Adobe 2Q Net Falls 41% On Weak Creative-Tool Sales Wall Street Journal
Adobe profit, revenue fall, but CFO says sales have bottomed San Jose Mercury News
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