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Photoshop, PostScript, Illustrator, Premiere. PDFs, as influental as they've been, are a footnote in the changes Adobe wrought on the creative industries. Also
by rodgerd 6y ago
Photoshop, PostScript, Illustrator, Premiere. PDFs, as influental as they've been, are a footnote in the changes Adobe wrought on the creative industries.
Also: "Steve Jobs attempted to buy the company for $5 million in 1982, but Warnock and Geschke refused. Their investors urged them to work something out with Jobs, so they agreed to sell him shares worth 19 percent of the company."
Good call.
- CalChris 6y agoIIRC that included the LaserPrinter deal with Apple which kind of made the company. And I don’t think Jobs bought the shares personally but rather Apple did.
- tonyedgecombe 6y agoI think that deal helped Apple as well. At the time every Apple site I visited had a LaserWriter next to a Mac running some DTP software.
- CalChris 6y agoYes, it did help Apple as well. Moreover, Apple made a lot of money on the stock back in 1989 when Adobe went public. Apple's 3.42 million shares of Adobe, purchased in November 1984 for $2.5 million, are now worth about $84 million. Based on today's price, Apple would register a pretax gain of more than $80 million in its fiscal fourth quarter, ending in September. https://www.nytimes.com/1989/07/07/business/apple-selling-adobe-stake-two-could-become-rivals.html https://www.nytimes.com/1989/07/07/business/apple-selling-ad...