| Joined: | Sun Apr 1st, 2012 |
| Location: | Carthew, Cornwall, United Kingdom |
| Posts: | 6830 |
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This was my post there...........
"It is just the early warning of a price hike.
Obviously the people at Adobe need an annual bonus boost!!
In fiscal year 2018, Adobe achieved record annual revenue of $9.03 billion, which represents 24 percent year- over-year growth. "Adobe achieved record revenue of greater than $9 billion and delivered outstanding earnings performance in fiscal 2018," said Shantanu Narayen, president and CEO, Adobe.
Oh greedy, greedy.... Only $2.6B profit.
Adobe Systems net profit 2004-2018 | Statistic
Check the rise in profits since introduction of the Subscription model in mid-2013... And especially in the last two years!
Great if you have Adobe shares but not so great when you see prices rising at greater than inflation."
Personally I would be happy to see Adobe disappear down the San Andreas Fault except that I know it would cause the loss of many people.
It is a greedy company. I know all the arguments about ..... shareholder value, profits, costs, etc.. It is just a cover-up for Greedy Capitalism.
Profit is good, excessive profit is not.
I moved out from Adobe when they forced the subscription issue. I buy software, I dont rent it. This move to CaptureOne Pro has been beneficial to me as I have been forced to learn a software that is in fact as powerful as Lightroom and more as it has Layers, LUTs, etc..... I still use my Photoshop CS6 very happily. I also have Affinity Pro as a fallback should my PS CS6 not work.
Rant over.
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Still learning after all these years!
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