5 ms·

Adobe meltdown on Wall Street continues

22 points by abennett 16y ago

ergo98 16y ago
Honest question: How is this at all relevant here? Why does this matter? I suspect the answer is, quite sadly, "To people who cheered with Apple, any negative news about Adobe smells good".
- thought_alarm 16y ago
  It's no more or less relevant than any of the other Flash-on-the-iPhone/Flash-on-Android posts here. Especially considering Apple just opened the App Store to Adobe Flash developers.
- ax0n 16y ago
  Bad news about Adobe DOES smell good. Their ubiquitous products with their zero-day vulnerabilities and constantly relentless patches have been a thorn in my side this year.
chipsy 16y ago
The article is hyperbolic. The price came down at market open in one huge 20% gap. The rest of the day it's crawled up a fair amount in retracement, even going against the overall market direction - not to it's original level, but easily a 1-2% trade if you got in early and held through the day.
- lallysingh 16y ago
  They crashed in the morning, starting around 6:35am.
replicatorblog 16y ago
I wonder how cheap the stock would have to get for Apple to acquire Adobe? I can imagine them cleaning house in management and get them back to a focus on creating the best graphics/video/authoring tools around. Would be a natural fit given Apple's "Creative" user base, software expertise, and history. Adobe WAS a great company, just seems to have been MBA'd into the ground over the last 5-8 years.
- Keyframe 16y ago
  Please NO! Apple has a history of DESTROYING (yes, I'm yelling) graphics software companies. Especially the ones who's products I was using (bad luck). Silicon Grail (Chalice), Nothing real (Shake, Tremor), Silicon Color, India Pro - they just smeared shit over their users and abandoned those great products. I would rather see Autodesk buy Adobe, if anyone must buy them - it would be a more natural fit than Apple and Autodesk at least showed they don't meddle with their acquisitions too much (Alias -> Maya could be debated though) - Softimage, Mudbox, Discreet (all of their software) etc.. only benefited from acquisition so far, even though Autodesk is kind of evil - Autodesk co-founder said their business model is to buy up market by buying their competition (on nerdTV).

22 points by abennett 16y ago

Honest question: How is this at all relevant here? Why does this matter? I suspect the answer is, quite sadly, "To people who cheered with Apple, any negative news about Adobe smells good".

thought_alarm 16y ago
It's no more or less relevant than any of the other Flash-on-the-iPhone/Flash-on-Android posts here. Especially considering Apple just opened the App Store to Adobe Flash developers.
ax0n 16y ago
Bad news about Adobe DOES smell good. Their ubiquitous products with their zero-day vulnerabilities and constantly relentless patches have been a thorn in my side this year.

chipsy 16y ago

The article is hyperbolic. The price came down at market open in one huge 20% gap. The rest of the day it's crawled up a fair amount in retracement, even going against the overall market direction - not to it's original level, but easily a 1-2% trade if you got in early and held through the day.

lallysingh 16y ago
They crashed in the morning, starting around 6:35am.

replicatorblog 16y ago

I wonder how cheap the stock would have to get for Apple to acquire Adobe? I can imagine them cleaning house in management and get them back to a focus on creating the best graphics/video/authoring tools around. Would be a natural fit given Apple's "Creative" user base, software expertise, and history. Adobe WAS a great company, just seems to have been MBA'd into the ground over the last 5-8 years.

Keyframe 16y ago
Please NO! Apple has a history of DESTROYING (yes, I'm yelling) graphics software companies. Especially the ones who's products I was using (bad luck). Silicon Grail (Chalice), Nothing real (Shake, Tremor), Silicon Color, India Pro - they just smeared shit over their users and abandoned those great products. I would rather see Autodesk buy Adobe, if anyone must buy them - it would be a more natural fit than Apple and Autodesk at least showed they don't meddle with their acquisitions too much (Alias -> Maya could be debated though) - Softimage, Mudbox, Discreet (all of their software) etc.. only benefited from acquisition so far, even though Autodesk is kind of evil - Autodesk co-founder said their business model is to buy up market by buying their competition (on nerdTV).