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Adobe Creative Cloud results are positive so far

ericbowles

Atlanta, US
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ericbowles Moderator Awarded for his in-depth knowledge and high level skills in various areas, especially Landscape and Wildlife Photoghraphy Writer Ribbon awarded for for his article contributions to the community Donor Ribbon awarded for his very generous support to the Fundraising Campaign 2015 Nikonian since 25th Nov 2005
Wed 19-Jun-13 10:43 AM

Adobe announced second quarter financial results and provided some details on the success of creative Cloud.
http://seekingalpha.com/article/1509222-adobe-systems-management-discusses-q2-2013-results-earnings-call-transcript?part=single

Among the comments:
45% growth in subscription for the quarter - ahead of plan
On track for 1.2 million subscribers by year end
80% buying the whole suite vs. 20% a single product
Strategy is intended to increase revenue per customer/subscriber
12 million users of Adobe products - many are single product older versions

The stock is up reflecting positive feedback from the financial community. Everything I read in the transcript looks pretty positive.

Eric Bowles
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