adobe stock drops 20%

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Modelworks

Modelworks

Lifer
Feb 22, 2007
16,240
7
76
Adobe lost 20% of value in stock in one day. I guess people are finally getting tired of all the crap they have been putting out lately. From acrobat to bloated software , I can think of many reasons why they are not what they used to be and it isn't computer sales that is the problem.

A trial of photoshop CS5, just the one program is 995MB ? That is absurd for what it does.




http://money.cnn.com/2010/09/22/technology/adobe_stock/?section=money_latest

Shares of Adobe (ADBE) fell more than 20% from Tuesday's close and at one point hit $25.81, a new 52-week low.
David Hilal, an analyst at FBR Capital Markets, pointed to the disappointing performance of Adobe Creative Suite 5, a product grouping that includes Adobe Photoshop and Acrobat, as a reason for concern.
"The uncertainty of demand from these markets led management to provide lackluster guidance and makes us lower our expectations," Hilal wrote in an analysis, citing a lack of demand in both Japanese and domestic education markets.
But not every analyst is bearish on the stock.
"The Street is overly negative," said Jeff Gaggin, an analyst at Avian Securities who says he expects profits, excluding growth from any acquisitions, to increase more than 10% this year and next.
Gaggin said the downturn in software sales resulting from a weak education market in the U.S. and Japan --an industry Adobe relies heavily upon --shouldn't come as a surprise, given the slumping demand for personal computers.
Click to expand...
 
KMFJD

KMFJD

Lifer
Aug 11, 2005
33,149
52,852
136
What do you expect from a company that requires a 200mb install to read a simple pdf file.....
 
R

Rifter

Lifer
Oct 9, 1999
11,522
751
126
maybe everyone finally realized that flash was coded by one armed blindfolded monkeys.
 
Zebo

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
I don't care for adobe bloated SW either. Sumatra FTW.

What can you do about Youtube tho? Sorta need flash right?
 
D

dwell

pics?
Oct 9, 1999
5,185
2
0
Flash is dying and nobody needs a $1500/8GB suite of software just for Photoshop and Illustrator, the only two Adobe products worth a damn these days.
 
BarkingGhostar

BarkingGhostar

Diamond Member
Nov 20, 2009
8,410
1,617
136
Modelworks said:
A trial of photoshop CS5, just the one program is 995MB ? That is absurd for what it does.
Click to expand...
If I were planning on using Adobe CS5 I would not be so concerned with the 1GB install as the capacity of hard disk space in my computer would be more than 1,000 times that.

But, if you are struggling with that 1GB install then maybe you really can't afford to run CS5. :colbert:
 
V

Vette73

Lifer
Jul 5, 2000
21,503
9
0
KMFJD said:
What do you expect from a company that requires a 200mb install to read a simple pdf file.....
Click to expand...


Yep just installed Win7 on my system. I found a free PDF reader that was about a tenth the size, loads faster, and prints my PDFs. Its all I want.
 
edro

edro

Lifer
Apr 5, 2002
24,326
68
91
Photoshop and Lightroom are pretty sweet.

It still amazes me how bloated Acrobat and Reader are though.
Also, what's will all the updates?
I guess they have to keep patching all the exploits.
 
TwiceOver

TwiceOver

Lifer
Dec 20, 2002
13,544
44
91
How much is acrobat standard these days? I know it is too much for what it does. $400 /seat last I looked. Ridiculous.

And Flash sucks balls also.
 
C

Cal166

Diamond Member
May 6, 2000
5,081
8
81
edro said:
Photoshop and Lightroom are pretty sweet.

It still amazes me how bloated Acrobat and Reader are though.
Also, what's will all the updates?
I guess they have to keep patching all the exploits.
Click to expand...

Recently discovered Lightroom, amazing product!
 
BeauJangles

BeauJangles

Lifer
Aug 26, 2001
13,941
1
0
edro said:
Photoshop and Lightroom are pretty sweet.

It still amazes me how bloated Acrobat and Reader are though.
Also, what's will all the updates?
I guess they have to keep patching all the exploits.
Click to expand...

Yup. Adobe sucks at everything else.
 
PricklyPete

PricklyPete

Lifer
Sep 17, 2002
14,582
162
106
Lightroom, Illustrator, and Photoshop are all great...the rest is meh. I'm amazed at what my wife can use Illustrator to do on a regular basis.
 
Modelworks

Modelworks

Lifer
Feb 22, 2007
16,240
7
76
BarkingGhostar said:
If I were planning on using Adobe CS5 I would not be so concerned with the 1GB install as the capacity of hard disk space in my computer would be more than 1,000 times that.

But, if you are struggling with that 1GB install then maybe you really can't afford to run CS5. :colbert:
Click to expand...


It isn't about storage size, it is code bloat and unnecessary applications they try to bundle with it.

It isn't about the price, CS5 is cheap compared to the other programs I use.
 
mesthead21

mesthead21

Platinum Member
Jun 5, 2004
2,378
3
0
Adobe now makes you download a Download manager to install flash. That is disgusting
 
K

Kev

Lifer
Dec 17, 2001
16,367
4
81
adobe is one of my most hated companies. One of their security updates actually corrupted my HD to the point where windows wouldn't boot. Flash (the program you use to actually create flash) is a buggy pile of shit that crashes constantly.
 
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