Feeds

Adobe Q4 profits up on Illustrator 8.0

But future fortunes dependent on increasing Mac sales

  • alert
  • submit to reddit

High performance access to file storage

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. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
Adrian Mole author Sue Townsend dies at 68
RIP Blighty's best-selling author of the 1980s
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Analysts: Bright future for smartphones, tablets, wearables
There's plenty of good money to be made if you stay out of the PC market
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.