Does not anyone here think because you need ADBE to view You Tube, and in my opinion You Tube is going to become so popular in 3rd world countries as people in China and even developing areas of Africa like Nigeria (where as we know their use of the internet for fraud against Americans is an industry bigger than anything they actually legitimately have!!!) is going to make ADBE keep growing for years to come. So why would we not assign a very high multiple to ADBE especially if Facebook,LNKD and others ever wants in on it in a bigger way? What can stop ADBE from growing?????????? And lets not mention the smart phone and cloud market that has barely touched China, africa and the middle east. So in a way isnt ADBE a way to buy You tube? Also, who can usurp ADBE down the road?
Correct, the Flash Player is free. Flash Media Server is not, and that's where the money might come from. Meh. ADBE will make its money from recurring revenue from Cloud product subscriptions. They're set to execute over time and are making a solid transition to the new revenue model. More news on the way at Summit next week. Did you listen to the earnings call yesterday?