Adobe -Creative tools in Negative Pace

The World's Favorite revolutionary software creators are now in a stake with the creative products which failed to hit the hearts of the users similar to its predecessors which has negatively affected the profits of the company as bad as 41%.

Adobe Creative Suite 4 sales was not as expected and was 20% lesser than its previous version Creative suite 3 which is the reason for the major fall in revenue and profits.

Even when the profits loosened still the traders are bullish making the stock value of the Adobe to grow more stronger.

The Adobe reported:

1. Profits: $126.1million ($214.9 million previously)
2. Revenue: $704.7 million
3. Operating margin: 22.9% (previous 29.3%)

This were the values(may be approx.) from Q2 results.

Adobe is very confident in increasing its revenue by the Q3 and it is very active in reaching their goal.

Cheers!!!