Adobe Goes Above Expectations

Published by: Codrut Nistor, in News

March19th2008

Considering the global growth of online business, it's no surprise to see Adobe's profits going high, especially since we consider the latest happening, as Microsoft licensing Flash from Adobe or the upcoming Flash for the iPhone. Anyway, today we'll talk about profits, as well as a new product that may also push Adobe higher in the future...

The Adobe Towers

While the deals I mentioned above will probably have an impact, if any, in the last quarter, the last statistics show that Adobe Systems Inc.'s profit for the first quarter was up 52 percent, compared to the previous year, but their own forecast for the year is very cautios, as they expect only a 13 percent revenue growth for the year.

It seems that Adobe fears the recession felt in many economic sectors, since Adobe Chief Financial Officer Mark Garrett told The Associated Press recently - "We are not immune to any type of recession, were one to come, and we are keeping our eye on the U.S. business."

Anyway, I think Adobe should be optimistic, because they have all the cards they need to end this year's game with very good results. One of them is Adobe Flash Media Rights Management Server, a content protection product that helps safeguard multimedia content created for Adobe Flash, and since by the end of the year I guess we'll see Flash arriving on the iPhone, this product will surely get a lot of new customers for the company.

Laurel Reitman, Adobe senior product manager for Flash Media Server services, said this product will help companies protect their video content "so that it doesn't end up on YouTube." "This new technology protects videos when they're downloaded and played back on the desktop as opposed to in the browser, and this is the first time that's available," he concluded.

Priced at $40,000 per CPU, Flash Media Rights Management Server is currently available for Windows Server 2003 and Red Hat Linux, and more details can be found on the official page, here.