Adobe Makes “Extraordinary” Money off Creative Suite 3

Adobe Logo

Adobe’s money-making machine is super-hot, with $205.2 million in net income for the 3-month period ending August 31. This translates to 34 cents a share for the company, more than double the $94.4 million, or 16 cents a share, it made in the same period last year.

This comes in the heels of its biggest product launch ever for Adobe Creative Suite 3, offering even more graphics and publishing capabilities that also pushed the software suite’s prices even higher.

Adobe offers six versions of the suite, for $1,600 to $2,500. Customers also may buy individual upgrades on 13 standalone applications, with prices that guarantee a good profit for the company.

Third-quarter sales were a record $851.7 million, up 41 percent from $602.2 million in the third quarter of 2006.

Excluding some expenses, including stock-based compensation and restructuring charges related to the December 2005 acquisition of Macromedia Inc., profit was $269.4 million, or 45 cents per share, compared with $171.5 million, or 29 cents per share, in the year-ago quarter.

[Via: New York Times]

Chris Malinao

About Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.

Zeiss 42 Hood for Contax standard lenses picture
Zeiss 42 Hood for Contax standard lenses
VINTAGE KODAK KODEX NO1 with  F/6.3 102MM LENS AND SUPERB BROWN LEATHER CASE picture
VINTAGE KODAK KODEX NO1 with F/6.3 102MM LENS AND SUPERB BROWN LEATHER CASE
HUGE Lot Camera FILTERS/ADAPTERS/RETAINING RINGS/LENSES/CAPS/STEP UP/DOWN Lens picture
HUGE Lot Camera FILTERS/ADAPTERS/RETAINING RINGS/LENSES/CAPS/STEP UP/DOWN Lens
HUGE Lot SERIES V/5 Camera FILTERS/ADAPTERS/RETAINING RINGS/LENSES/CAPS picture
HUGE Lot SERIES V/5 Camera FILTERS/ADAPTERS/RETAINING RINGS/LENSES/CAPS
Olympus Pen-F with Zuiko 1:1.8/38mm lens. Case and cap. Nice condition. picture
Olympus Pen-F with Zuiko 1:1.8/38mm lens. Case and cap. Nice condition.