Adobe wants to increase profits

Adobe wants to increase profits

Tokyo, December 13, 2023
Adobe is the market leader when it comes to professional text, graphics or video work. Photographers, filmmakers, journalists – all use Adobe products in one way or another.;
– Photos are professionally created using top-level Photoshop:;
– InDesign comes into play when it comes to producing magazines, advertising brochures and specialist books. If it is a text with numerous graphics and tables, the skills of InDesign are required.
– With Premiere, Adobe offers the right software for filmmakers and
– -Web designers rely on Dreamwfaer
Adobe wants to make more profit by changing the way it sells its products: Instead of selling them, Adobe now wants to rent out the software as a monthly package.
This concept envisages the following development for the third quarter of 2023. In the previous quarter, profit rose to $1.4 billion from $1.14 billion in the same period last year. Sales climbed to $4.89 billion from $4.43 billion in the same period last year. The analyst forecast here was 4.87 billion. Adobe itself had forecast revenues of $4.83 to $4.87 billion with adjusted earnings per share of $3.95 to $4.