YOU all think ADBE is going to Fall ? interesting thought but one I do not share first it is not the FREE Flash you download
That ADBE makes money on Exactly, however lets think about that "Free flash player," where did it come from, why is it their those are the questions you need to ask, you see ever application and company with applications and ever single developer in the world that is making app's for computers and billions of devices are using Flash, adobe air, their development suiet, Need I say more?, give that some thought and you will be wondering why ADBE isnt a 1,000 $ / a share company, wow mind blowing 1.9 billion, they nearly doubled, and can they double again, again, their pe's are high but seems they are justified ! pt 100, for starters this stock JUST WOKE UP new highs all day long, gl gt to all Adobe said it added 464,000 paid Creative Cloud subscribers in the second quarter ended May 30, ending the quarter with 2.3 million paid subscribers.
The company said it expects to have 3.3 million subscribers of its Creative Cloud suite at the end of fiscal 2014, up from its earlier forecast of 3 million.
Creative Cloud suite includes Photoshop, Illustrator and Flash software.
Revenue rose about 6 percent to $1.07 billion. Analysts on average had expected $1.03 billion. well measuring in billions isnt a bad thing !