Adobe, the software giant behind the monstrously-successful Creative Suite, Reader and Flash, has just racked up its first billion-dollar quarter. Up from $757 million in the same period last year, this represents a 33% year-over-year revenue growth, which is pretty damn massive. Over the entire year, Adobe enjoyed a total revenue of $3.8 billion, up from $2.9 billion in 2009.With all of the negative press over Flash, people often fail to realize just how big Adobe is. If you take a quick look at the Forbes 2010 list of the world's largest software companies, Adobe would place just outside the top 10, with revenues just behind Yahoo! and CA Technologies. This year's excellent performance, whether you like it or not, is almost certainly because of Flash's continued dominance -- and the excellent Creative Suite 5, of course!
Adobe revels in first ever billion-dollar quarter originally appeared on Download Squad on Tue, 21 Dec 2010 06:38:00 EST. Please see our terms for use of feeds.
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Source: http://downloadsquad.switched.com/2010/12/21/adobe-revels-in-first-ever-billion-dollar-quarter/
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