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Adobe Systems Inc. Message Board

  • district_nw district_nw Jun 18, 2013 4:30 PM Flag

    Wow, up 4%

    Basically a smaller version of Microsoft, with a PE of 40 vs. a PE of 10. I have no position, but not so sure why anyone is so pumped up about this release. Yep, growth in recurring revenue. And declines in all of the other legacy areas, coupled with lower margins. It's a good product with a good moat and loyal/needy customers, but what is the long thesis other than "Salesforce is all cloud and trades at a P/e of..."? That's an honest question, not sarcasm.

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