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Maybe subscriptions will start going down, but Adobe's most recent quarterly earnings report [https://wwwimages2.adobe.com/content/dam/acom/en/investor-relation
by tedyoung 8y ago
Maybe subscriptions will start going down, but Adobe's most recent quarterly earnings report [https://wwwimages2.adobe.com/content/dam/acom/en/investor-relations/pdfs/ADBE-10Q-Q118-FINAL-CERTIFIED.pdf https://wwwimages2.adobe.com/content/dam/acom/en/investor-re...] says:
>Creative revenue in the first quarter of fiscal 2018 was $1.23 billion, up from $942.2 million in the first quarter of fiscal 2017 and representing 30% year-over-year growth.
So not only are they still selling, but subscriptions increased 30% over the past year. Clearly it's working for them so much that they're finding success doing the same thing for the document cloud:
>Document Cloud revenue in the first quarter of fiscal 2018 was $231.0 million, up from $195.9 million in the first quarter of fiscal 2017 as we continue to transition Document Cloud to a subscription-based model.