Inspiring

Question

Here's why Adobe closed for the week

Forum|Forum|16 years ago
July 1, 2009
5 replies
5583 views

June 30, 2009

Adobe is closed this week (and what that means)

http://blogs.adobe.com/jnack/2009/06/adobe_is_closed_this_week.html

This topic has been closed for replies.

Fr__Watson

Participating Frequently

For the most recent quarter, it reported a 41% decline in net income to $126.1m, compared to $215m in the same quarter last year, while revenue was down 20.5% at $704.67m.

My goodness, Adobe's suffered a 41% drop in net income. Could be the recession, could be the krappy software, could be the krappy customer service, could be the krappy DRM nonsense, or the krappy profanity filter* this forum now boasts! Or maybe all of them!

(*Krappy profanity filter that lets "krappy" go through, but block a relatively mild term like 'scumbag'! I mean "skumbag'! (Honestly, that is pretty pathetic - not even good enough to be called amateurish, IMO!))

A

Anonymous

Looks like driving up the price in the UK may just be the ticket!!

http://photo.blorge.com/2009/06/02/adobe-prices-to-increase-in-the-uk-on-july-1st/

Kath-H

Inspiring

Adobe has stated in a press release that the way the currencies have been shifting, a price increase is the only way to make sure that things even out.

Bollocks. Sheer greed.

A

Anonymous

http://news.google.com/news?hl=en&q=adobe+closed+for+week&um=1&ie=UTF-8&ei=BXVLSp_zNY6iMOOCtawB&sa=X&oi=news_group&ct=title&resnum=223973281

A

Anonymous

Did you catch the sign? It reads the company will re-open August 23rd.

S_D_A_

Inspiring

Surely Ramon you don't beleive something written by a company shill to be the absolute truth do you ?

I'd rather put my trust in an unbiased opinion such as Bloomberg; Check out their take here; A little more realistic in my opinion than John Nack's perspective.which is tainted through the lense of being an Adobe employee and who writes only what he's allowed to

A

Anonymous

Different spin all together. No wonder people are having activation problems and such. Nobody home. Sales and guidance are down but the stock is up. I guess people have to have something to throw their money at.

S_D_A_

Inspiring

<nod> I've been an investor of public companies long enough to smell "spin". The same with Apple's reality distortion vis-a-vis Steve Jobs health.

A

Anonymous

after being gone for a week, the building's DRM might not let them in without reactivating. since everything there is shut down, no activation will be possible. the outsourced tech support won't be able to understand their increasingly desperate requests for assistance and will tell them to log on to the forums for help with that problem.

therefore, i surmise that - as i've said all along - DRM will be the death of adobe. just not in the way i expected.

J

JayJhabrix

Inspiring

If they treat their employees so well, why do they treat their customers so badly? Just wondering....

A

Anonymous

I agree with what you wrote.

June 30, 2009

Adobe is closed this week (and what that means)

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