3 ms·
> Adobe has had a rough decade. Not true at all - their share price has more than tripled in the last decade [0]. Web development was never a big part of Adob
by jlarocco 10y ago
> Adobe has had a rough decade.
Not true at all - their share price has more than tripled in the last decade [0]. Web development was never a big part of Adobe's business. They were trying, because it's similar to their other product areas, but they never got a big foothold, except Flash.
They still make a ton of popular software (Photoshop/Lightroom, Premiere, Acrobat, Illustator, After Effects, ...), and most of it is selling better than ever.
[0] https://encrypted.google.com/search?hl=en&q=adbe https://encrypted.google.com/search?hl=en&q=adbe
- jordhy 10y agoMaybe we shouln't equate the stock price of a company with that very company. But I append some links so further my POV: Flash In The Pan: Historical Lessons Of Adobe's Macromedia Acquisition https://adexchanger.com/data-driven-thinking/flash-in-the-pan-historical-lessons-of-adobes-macromedia-acquisition/ https://adexchanger.com/data-driven-thinking/flash-in-the-pa... Adobe accused of software monopoly (not by Apple) http://www.techworld.com/news/apps/adobe-accused-of-software-monopoly-not-by-apple-3222555/ http://www.techworld.com/news/apps/adobe-accused-of-software... The Real Story Behind Adobe’s Failed Mobile Strategy http://www.businessinsider.com/the-underlying-story-behind-adobes-failed-mobile-strategy-2010-4 http://www.businessinsider.com/the-underlying-story-behind-a... Adobe recovering from massive Creative Cloud failure (one of several) https://www.engadget.com/2014/05/16/adobe-recovering-from-massive-creative-cloud-failure/ https://www.engadget.com/2014/05/16/adobe-recovering-from-ma... The Agonizingly Slow Decline Of Adobe Flash Player https://www.fastcompany.com/3049920/tech-forecast/the-agonizingly-slow-decline-of-adobe-flash-player https://www.fastcompany.com/3049920/tech-forecast/the-agoniz... And, finally, some commentary on the nature of Adobe's stock rise: http://www.forbes.com/sites/petercohan/2014/02/28/why-is-adobe-stock-up-so-much/#fb04ef74bb00 http://www.forbes.com/sites/petercohan/2014/02/28/why-is-ado... Adobe Systems Inc. May Be Wildly Overvalued http://www.fool.com/investing/general/2015/09/29/adobe-systems-inc-may-be-wildly-overvalued.aspx http://www.fool.com/investing/general/2015/09/29/adobe-syste... Adobe Is Extremely Overvalued http://seekingalpha.com/article/2675425-adobe-is-extremely-overvalued http://seekingalpha.com/article/2675425-adobe-is-extremely-o... Adobe: Overvalued Despite Improving Profitability http://seekingalpha.com/article/3989440-adobe-overvalued-despite-improving-profitability http://seekingalpha.com/article/3989440-adobe-overvalued-des... But to be clearer, let's rephrase and say that "Adobe the company has had a rough decade".