Feeds

Adobe Q4 profits up on Illustrator 8.0

But future fortunes dependent on increasing Mac sales

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Graphics software specialist Adobe yesterday reported Q4 profits up seven per cent to $50.3 million from $46.8 million a year ago. Revenue for the period rose 8.6 per cent to $246.7 million from $227.1 million in Q4 1997. The company's figures were well ahead of Wall Street expectations, but like so many of Adobe's profit boost were driven by the launch of a new version of a single application, in this case Illustrator 8.0. Adobe's business comes from two key segments: applications like Illustrator and Photoshop, and licensing fees from the PostScript interpreters built into many laser printers. While the former has been hit hard by the shrinking Mac market, the latter has suffered from the Asian financial crisis. Licensing fees fell $7.4 million for the quarter year-on-year from $46.4 million, and as that figure drops, application sales have to grow even faster to maintain the company's overall growth. Fortunately, the resurgence in the Mac market is beginning to show, and this should push Adobe onwards through the coming quarters. That said, Adobe has been pumping R&D dollars into developing a new desktop publishing application, codenamed K2. The company is going to have its work cut out for it fighting the very, very heavily entrenched QuarkXPress. While users will generally welcome the arrival of a solid alternative to XPress -- it's hard to find any DTP operators who claim to really enjoy using it -- whether publishing companies will be willing to take the cost of the switch, in terms of software and training, is another matter. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.