We all knew it was only a matter of time before Adobe delivered the next update to its suite of applications. The launch date has been announced: We can expect Adobe CS5 on Monday, April 12, at 8 am PT, 11 am ET. Astute observers will notice that that date is the first day the exhibit floor will open at NAB 2010. Coincidence? Obviously not. Adobe is going all out with this launch as they’ve also launched a website where you can keep track of all the buzz and even log in with your Adobe ID to get even more CS5 goodness.
It's not the whole article, you can read the rest and view the CS5 preview "HERE" on their blog.
Adobe has set up a countdown to CS5, it's worth a look.
As far as money is concerned Adobe seems to be doing well enough. That couldn't be the fact that almost all of us use at least l of their products throughout our professional lives.
In case you are interested in the read, I've included part of the first quarter financial results press release that came out this week.
New Product Launches Expected to Fuel Company’s Revenue and Earnings Growth
SAN JOSE, Calif. — March 23, 2010 — Adobe Systems Incorporated (Nasdaq:ADBE) today reported financial results for its first quarter fiscal year 2010 ended March 5, 2010.
In the first quarter of fiscal 2010, Adobe achieved revenue of $858.7 million, compared to $786.4 million reported for the first quarter of fiscal 2009 and $757.3 million reported in the fourth quarter of fiscal 2009. This represents 9 percent year-over-year revenue growth. Adobe’s first quarter revenue target range was $800 to $850 million.
“Stability in our creative business, combined with strength in our Acrobat and Omniture solutions, helped drive strong financial performance in Q1,” said Shantanu Narayen, president and CEO of Adobe. “The market trends enabling our diverse business remain strong and we are bullish about the upcoming launches of Flash Player and Creative Suite.”
~For the whole report you can see it here~
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