I agree that Apple rejected Adobe. but Apple rejected everyone that did not swear to love honor and obey Steve. Yet to be seen if flash is still unwelcomed by Apple. many apple followers are sad that they can't get full content due to lack of flash. what's the option there, silverlight? not any better, html not any better. Flash at least is being actively worked on and may improve.
How did Google kill Adobe? they are currently working together I thought, only thing Google ever did was hire all the smart people that Adobe laid off.
I guess I am dating myself here but i've held ADBE for 25 years, sold alot when it was > $100. They (John and Chuck) would split the stock just to keep it in the $50 range. Oct 24 2000 145 was the high. after a split it would go back up. now we stuck. That is why many believe a new CEO is in order. One that works to get the stock price up instead of taking a $3 mil salary. The only thing the current admin can do to get stock price to move is lay off employees. The current admin is very quiet, must be in mumbai on vacation.... Yea Cali4nia66 I said it and just for you. Na Na Na Naa hey hey, good bye
Question: what has this CEO done? Photoshop was the guy before, Bruce Chizen, and still 2/3rds of revenue comes from Creative Suite and photoshop. He has lost shareholder value, for the last 2 years. The stock price has gone nowhere, and there is no dividend.
The mantra was to be a rich internet platform company. But what happened? Google killed them. And, Apple rejected them and would not let flash play on its platform. So, now ADBE which used to trade in the 40's can not even hold its price above $30.
cramer_for_idiot, a more accurate question to ask is...Where would technology and business productivity be today if it weren't for Adobe desktop standards such as Photoshop®, Acrobat®, and Flash®??? While companies such as Apple were languishing at 8 dollars a share trying to figure out how to license "Power Computing" and the founders of Google were still in junior high, Adobe was revolutionizing the dot com industry. The term "photoshopped" is now commonly referenced in television and movies...how cool is that?!? Adobe has heard your complaint my friend and they are working hard to regain your confidence. Good things WILL come to those who wait ;)
The problem is not the Adobe CEO. The problem is Obama. Vote republican and you will not have these problems. No one is working so no one is buying. WTF you think Adobe gives it away? You voted for Obama so now you got what you voted for. Enjoy it?
LOL...what does President Obama have to do with the leadership of Adobe? Coming from a person whose online profile is a brand name of paper you use to roll marijuana joints, I don't take your comments too seriously. FYI, I'm sure your republican buddies wouldn't approve of your lil smoking habit :p
The "why people are signing" comments are great.
Thanks. Great link.
It reaffirms my "I don't want to be long this stock." though it seems like there are still a lot of ADBE stock fans.
And though lately I have been asking myself, what do I know, less than I think in some respects.