Is adobe going out of business??

I heard Adobe was going out of business but the only thing I found was that they were shutting down their Business Catalyst. That doesnt affect lightroom online services, correct? 

Has anyone heard anything about the entire company shutting down?

Topics

FAQ, Problem or error

Views

114

Likes

Translate

Translate

Report

Report
Community Guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn More

Is adobe going out of business??

I heard Adobe was going out of business but the only thing I found was that they were shutting down their Business Catalyst. That doesnt affect lightroom online services, correct? 

Has anyone heard anything about the entire company shutting down?

Topics

FAQ, Problem or error

Views

115

Likes

Translate

Translate

Report

Report
Community Guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn More

Re: Is adobe going out of business??

Adobe Community Professional , Feb 06, 2020

Short and correct answer is NO they are Not.

Likes

Translate

Translate

Report

Report
Community Guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn More
Reply
Loading...

Re: Is adobe going out of business??

Adobe Community Professional , Feb 06, 2020

With billions in annual income, and around 18+ million Cloud subscribers, Adobe is growing strongly.

https://prodesigntools.com/creative-cloud-one-million-paid-members.html

 

 

Likes

Translate

Translate

Report

Report
Community Guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn More
Reply
Loading...

Adobe has many online hosting services. Business Catalyst...

Conrad_C LATEST
Adobe Community Professional , Feb 06, 2020

Adobe has many online hosting services. Business Catalyst was a way to host complete business websites, not photos. It was tied to Adobe Dreamweaver and Adobe Muse, not Lightroom.

 

Lightroom online services are powered by Lightroom Photos, which is separate and a different online service than Creative Cloud Files, Creative Cloud Libraries, etc.

 

Adobe isn't going out of business. In fact, it's the opposite. If you look at any chart of their financial performance for the last half decade or so, it's been up, up, up, year after year, beating estimates. As a result, in 2019 their stock price rose over 45%, and only two months into 2020 Adobe stock is up by another 6% already. The current stock price is an all-time high.

Likes

Translate

Translate

Report

Report
Community Guidelines
Be kind and respectful, give credit to the original source of content, and search for duplicates before posting. Learn More
Reply
Loading...