Personal View site logo
Make sure to join PV on Telegram or Facebook! Perfect to keep up with community on your smartphone.
Adobe products are now for lease only
  • 122 Replies sorted by
  • Adobe in Russia in January hiked prices more than 2 times making them more than US prices now - 644 rub instead of 299 per month for photo bundle, and whole Creative Cloud is now 3 221 instead of 1500.

  • Transformation completed

    As of January 9, 2017 Creative Suite is no longer available for purchase

  • @nomad

    Link is little old, it is released long time ago.

  • Creative Cloud customers based in the UK (and in Sweden) are receiving emails from Adobe announcing the price increase, which will take effect on March 6, 2017. Customers seem to be receiving varying prices, with some reporting 10% increases and others seeing over 60%

    Adobe’s Student Creative Cloud plan in the UK appears to be seeing the biggest price increase from £15.49/month to £25.28/month.

  • Are there any statements about how successful for Adobe their new strategy actually is?

    Has anything changed since the statistics posted by Vitaliy in March 2014? (Previous page)

  • Are there any statements about how successful for Adobe their new strategy actually is?

    What you mean?

    You can read their profits reports, all is sunny.

  • Where please?

  • Things are getting better and better (for Adobe, for users it is reverse)

    First quarter of 2017 results

    • net profit soared from $254 in Q1 2016 to $400 millions
    • income soared from $1,38 to $1,68 also

    Big part here played rounds of price hikes in EU and many other locations.

  • Fraud issues ??

    https://www.youtube.com/watch?list=PLD8AMy73ZVxVsRgLNmkuJR5myXRVGLYlZ&v=cOqvE4eUjMY

    > Costumer Care Costumer Care 1 year ago Buyer Beware!

    Adobe has one of the most misleading and borderline fraudulent subscription practices i have ever seen:

    No matter what product you purchase (even if its a one-time annual subscription) when you give your creditcard digits to Adobe (the only way to create an Adobe ID) they automatically renewal your subscription yearly. You cannot stop this renewal; you can only stop the subscription. And guess what, if you stop it early you still have to pay 50% of the remaining months without access to your product. In other words, you cannot stop the renewal (that you didn;t agree to in the first place) without losing your money's worth unless you time it correctly at the end of the subscription. So yeah, Adobe makes me wait a year before i can stop the automatic renewal which makes the chance greater the costumer will forget and viola, another year is billed.

    Stopping the subscription or deleting creditcard information is near impossible:

    To cancel your subscription you need to go to costumer support, when you go to costumer support they redirect you to 'manage your account'. From there you go to 'cancel subscription' which redirects you to costumer support. So, you are stuck in an endless loop that never leads to cancelling your subscription (remember Southpark "Vinda-loop episode"??). Although they state you can chat or phone costumer support in the options below these options are never there. I needed to follow a link in one of their forums to speak with someone of costumer support. Btw, you can only cancel subscription by phone, chat or the forums(?!). Also, you need to sign in (while you are already signed in) again to talk to costumer service; and poof magically your loginname and password don't seem to work anymore.
    You guys have the most unfriendly and impossible customer service:

    Not only is the costumer support barely speaking English, they are, as stated above, impossible to get a hold of. These guys react like robots and do not show any care for your concern.

    Unbelievable that such great products are managed so badly; i will never buy anything EVER from Adobe again unless you guys make some fundamental changes. And to be honest, i hope somebody will step up and sue you for these awful practices.

    See some of the links here that confirm my statement: There are many, many more complaints....

    https://forums.adobe.com/thread/1859507

    https://forums.adobe.com/thread/1908919

    https://forums.adobe.com/thread/1372084

    https://forums.adobe.com/thread/1908118

    https://forums.adobe.com/thread/1899881

    https://forums.adobe.com/thread/1896708

    https://forums.adobe.com/thread/1873960

    https://forums.adobe.com/thread/1877800

    https://forums.adobe.com/thread/1874068

    https://forums.adobe.com/thread/1879072

  • @zcream

    Well, who prevents you to make temporary internet only virtual cards?

    And cancel them as you wish.

  • Not all companies/banks/countries offer support for virtual cards.

  • Not all companies/banks/countries offer support for virtual cards.

    Many good banks allow you to even make them yourself via internet bank :-)

  • It is best to avoid any Adobe products now.

  • @Vitaliy_Kiselev I am currently in India. You know what they did to the currency recently right :-)

  • I am currently in India. You know what they did to the currency recently right :-)

    India is on forefront of capitalism. Our guys will follow soon. Full tracking of expenses, criminal penalty for any non approved income.

  • Adobe Achieves Record Revenue

    Adobe Creative Revenue Exceeds $1 Billion in Q2

    Financial Highlights

    • Adobe achieved record quarterly revenue of $1.77 billion in its second quarter of fiscal year 2017.
    • Diluted earnings per share was $0.75 on a GAAP-basis, and $1.02 on a non-GAAP basis.
    • Digital Media segment revenue was $1.21 billion, with Creative revenue growing to a record $1.01 billion.
    • Strong Creative Cloud and Document Cloud adoption and retention drove Digital Media Annualized Recurring Revenue (“ARR”) to $4.56 billion exiting the quarter, a quarter-over-quarter increase of $312 million.
    • Adobe Experience Cloud achieved record revenue of $495 million, which represents 29 percent year-over-year growth.
    • Operating income grew 46 percent and net income grew 53 percent year-over-year on a GAAP-basis; operating income grew 42 percent and net income grew 43 percent year-over-year on a non-GAAP basis.
    • Cash flow from operations was $645 million, and deferred revenue grew to approximately $2.07 billion.
    • The company repurchased approximately 2 million shares during the quarter, returning $266 million of cash to stockholders.
    • A reconciliation between GAAP and non-GAAP results is provided at the end of this press release and on Adobe’s website.
  • New records

    Adobe reported financial results for its third quarter fiscal year 2017 ended Sept. 1, 2017.

    • Adobe achieved record quarterly revenue of $1.84 billion in its third quarter of fiscal year 2017, which represents 26 percent year over year revenue growth.
    • Diluted earnings per share was $0.84 on a GAAP-basis, and $1.10 on a non-GAAP basis.
    • Digital Media segment revenue was $1.27 billion, with Creative revenue growing to $1.06 billion.
    • Digital Media Annualized Recurring Revenue (“ARR”) grew to $4.87 billion exiting the quarter, a quarter-over-quarter increase of $308 million.
    • Adobe Experience Cloud achieved revenue of $508 million, which represents 26 percent year-over-year growth.
    • Operating income grew 48 percent and net income grew 55 percent year-over-year on a GAAP-basis; operating income grew 43 percent and net income grew 46 percent year-over-year on a non-GAAP basis.
    • Cash flow from operations was $704 million, and deferred revenue grew to approximately $2.20 billion.
    • The company repurchased approximately 2.1 million shares during the quarter, returning $298 million of cash to stockholders.
  • More news, another record

    Thursday, March 15, 2018 4:05 pm EDT | San Jose, California -- Adobe today reported strong financial results for its first quarter fiscal year 2018 ended March 2, 2018.

    Financial Highlights

    • Adobe achieved record quarterly revenue of $2.08 billion in its first quarter of fiscal year 2018, which represents 24 percent year-over-year revenue growth.
    • Diluted earnings per share was $1.17 on a GAAP-basis, and $1.55 on a non-GAAP basis.
    • Digital Media segment revenue was $1.46 billion, with Creative revenue growing to $1.23 billion and Document Cloud achieving revenue of $231 million.
    • Digital Media Annualized Recurring Revenue ("ARR") grew to $5.72 billion exiting the quarter, a quarter-over-quarter increase of $336 million. Creative ARR grew to $5.07 billion, and Document Cloud ARR grew to $647 million.
    • Digital Experience segment revenue was $554 million, which represents 16 percent year-over-year growth.
    • Operating income grew 50 percent and net income grew 46 percent year-over-year on a GAAP-basis; operating income grew 43 percent and net income grew 64 percent year-over-year on a non-GAAP basis.
    • Cash flow from operations was $990 million, and deferred revenue grew 25 percent year-over-year to approximately $2.57 billion.
    • Adobe repurchased approximately 1.6 million shares during the quarter, returning $301 million of cash to stockholders.

    A reconciliation between GAAP and non-GAAP results is provided at the end of this press release and on Adobe's website.

    Executive Quotes

    "Adobe's outstanding growth is driven by enabling our customers to be more creative, work smarter and transform their businesses through our relentless focus on delivering innovation and intelligence across our solutions," said Shantanu Narayen, president and CEO, Adobe.

    "Our leadership in the large addressable markets we created, combined with Adobe's leveraged operating model, contributed to another record quarter in Q1," said Mark Garrett, executive vice president and CFO, Adobe.

    Adobe to Webcast Earnings Conference Call

    Adobe will webcast its first quarter fiscal year 2018 earnings conference call today at 2:00 p.m. Pacific Time from its investor relations website. Earnings documents, including Adobe management's prepared conference call remarks with slides, financial targets and an investor datasheet are posted to Adobe's investor relations website in advance of the conference call for reference. A reconciliation between GAAP and non-GAAP earnings results and financial targets is also provided on the website.

    Forward-Looking Statements Disclosure

    This press release contains forward-looking statements, including those related to customer success, product innovation, business momentum, our addressable market, revenue, annualized recurring revenue, non-operating other expense, tax rate on a GAAP and non-GAAP basis, earnings per share on a GAAP and non-GAAP basis, and share count, all of which involve risks and uncertainties that could cause actual results to differ materially. Factors that might cause or contribute to such differences include, but are not limited to: failure to develop, acquire, market and offer products and services that meet customer requirements, failure to compete effectively, introduction of new technology, complex sales cycles, risks related to the timing of revenue recognition from our subscription offerings, fluctuations in subscription renewal rates, potential interruptions or delays in hosted services provided by us or third parties, risks associated with cyber-attacks, information security and privacy, failure to realize the anticipated benefits of past or future acquisitions, changes in accounting principles and tax regulations, uncertainty in the financial markets and economic conditions in the countries where we operate, and other various risks associated with being a multinational corporation. For a discussion of these and other risks and uncertainties, please refer to Adobe's Annual Report on Form 10-K for our fiscal year 2017 ended Dec. 1, 2017, and Adobe's Quarterly Reports on Form 10-Q issued in fiscal year 2018.

    The financial information set forth in this press release reflects estimates based on information available at this time. These amounts could differ from actual reported amounts stated in Adobe's Quarterly Report on Form 10-Q for our quarter ended March 2, 2018, which Adobe expects to file in March 2018.

    Adobe assumes no obligation to, and does not currently intend to, update these forward-looking statements.

  • Good news (not for users!) continues

    Adobe Systems topped analysts’ profit and revenue estimates for the eighth straight quarter driven by strength in its digital media business, which houses its flagship product Creative Cloud.

    Adobe’s shares, which gained over 47 percent so far this year.

    Adobe’s second-quarter net income rose to $663.2 million, or $1.33 per share, from $374.4 million, or 75 cents per share, a year earlier.

    Digital media business posted revenue of $1.55 billion, compared with $1.21 billion, a year earlier.

  • Adobe reported financial results for its second quarter fiscal year 2019 ended May 31, 2019

    Main Highlights

    • Adobe achieved record quarterly revenue of $2.74 billion in its second quarter of fiscal year 2019, which represents 25 percent year-over-year growth. Diluted earnings per share was $1.29 on a GAAP-basis, and $1.83 on a non-GAAP basis.
    • Digital Media segment revenue was $1.89 billion, which represents 22 percent year-over-year growth. Creative revenue grew to $1.59 billion and Document Cloud achieved revenue of $296 million. Digital Media Annualized Recurring Revenue ("ARR") grew to $7.47 billion exiting the quarter, a quarter-over-quarter increase of $406 million. Creative ARR grew to $6.55 billion, and Document Cloud ARR grew to $921 million.
    • Digital Experience segment revenue was $784 million, representing 34 percent year-over-year growth.
    • GAAP operating income in the second quarter was $750 million, and non-GAAP operating income was $1.05 billion. GAAP net income was $633 million, and non-GAAP net income was $901 million.
    • Cash flow from operations was $1.11 billion.
    • Remaining Performance Obligation was $8.37 billion.
    • Adobe repurchased approximately 2.5 million shares during the quarter.

    Executive Quotes

    "Adobe's continued momentum is being fueled by the explosion of creativity across the globe and the widespread business transformation agenda to deliver engaging customer experiences," said Shantanu Narayen, president and CEO, Adobe. "With an innovative technology platform, exciting product roadmap and strong ecosystem of partners, we are well positioned for the second half of FY19 and beyond."

    "Adobe delivered another record quarter in Q2," said John Murphy, executive vice president and CFO, Adobe. "Highlights include 25 percent year-over-year revenue growth, strong net new Digital Media ARR and operating cash flow of $1.11 billion."

    All, 100%, of this money could be used much better outside Adobe, actually even 4x lowering of Adobe revenue will not affect their products and company well being a lot.