Adobe Kicks Ass in Earnings
Recently saw the Adobe Quarterly Report (600K PDF) for last quarter. Remarkable earnings -- their Acrobat platform seems to be really gaining steam in the enterprise. And this is even without some of the "Cardshark" related things they were planning 4-5 years ago. Probably can't talk about that, because it still hasn't shipped, but it was interesting stuff.
Anyway, when I look at Microsoft's generally flat earnings over time, it's kind of sad to see that the rocket propulsion has moved away from the company's earnings and energy. Adobe is at 29% growth Year over Year, earning $0.45 per share! Microsoft isn't even posting overall company growth, instead just noting that they're at $0.28 per share.
(Of course, as anyone will point out, Adobe's earnings are still pennies to Microsoft's dollars -- or millions to billions -- but the key takeaway here is that the little upstart Adobe is taking their millions OUT of Microsoft's market-share for desktop productivity and enterprise software platform, which are Microsoft's golden eggs for the future. When Bill G. loses that market, even incrementally, he's on the way down.) Comments?
Anyway, when I look at Microsoft's generally flat earnings over time, it's kind of sad to see that the rocket propulsion has moved away from the company's earnings and energy. Adobe is at 29% growth Year over Year, earning $0.45 per share! Microsoft isn't even posting overall company growth, instead just noting that they're at $0.28 per share.
(Of course, as anyone will point out, Adobe's earnings are still pennies to Microsoft's dollars -- or millions to billions -- but the key takeaway here is that the little upstart Adobe is taking their millions OUT of Microsoft's market-share for desktop productivity and enterprise software platform, which are Microsoft's golden eggs for the future. When Bill G. loses that market, even incrementally, he's on the way down.) Comments?
0 Comments:
Post a Comment
<< Home