Aren't shareholders a little concerned that the massive data breach has affected Q3 earnings ?
Don't you think there's a chance this data breach rose the company's costs, and/or caused them
to lose some customers ? Aren't you a little concerned insiders sold right around this time also ?
This could be setting up for a big drop.
Data breach wont affect revenue at all for this q. Increased expenses, yes. Bigger worry for longs should be that the company is buying subscriptions through heavy price discounting on retail subscriptions and on ETLAs
thanks for the insight. although i still also believe revenues could be affected if a certain
percentage of customers sought other providers to replace Adobe for security concerns.
i also see a possible connection between the data breach and the subsequent unusually
large insider selling afterwards.