Adobe cannot grow there are not even 500k people that will pay 600 a year for the creative Cloud. The stock will tank. If you are up even or down slightly I say get out now. if not now By the 18 of June when the numbers come out and they show ZERRO growth. Rather a shrink in sales the stock should tank. If you look at the PE of 32 who has that in this market. Owning Adobe Stock is like owning stock in the titanic
I have to agree. Adobe decided to follow Intuit previous model "screw the users,and they will take it". I am not a fan of Microsoft for their many screw ups, but if one compares MS Office 365 cloud solution to Adobe's, one can only appreciate the smarts on part of MS.
How dumb can the CEO be to think that raising (in real live) the price and cut the users form the option to buy the software is going to fly, and increase revenue stream. Was he promised by Obama administration that Adobe subscription is going to be mandatory? Idiot., with ALL DO respect.