Double digit growth in YoY revenue for past ten years, YoY net income stable growth as well, with 28% last year alone. I wish I was cooked like that. Adobe's going nowhere soon, their stock will find grounding soon enough. Adobe always swims, like Autodesk.
This article captures my feelings 100%. Enough good will has been burned that I'm willing to suffer worse products or higher prices from others than to deal with Adobe again. But you don't have to put up with worse, you actually can have a lot better than Adobe products! This article doesn't mention the competition but Da Vinci Resolve is taking over the next generation of users right now.
I thought Adobe was boned 15 years ago (2011) when they debuted Creative Cloud and it was universally despised while their stranglehold on PDF manipulation was already well on its way out, yet here they are still alive and kicking. I chalk it up to the inertia of big dumb orgs that would rather keep paying for a piece of crap they're familiar with than risk trying something new.
Do you know that Adobe has an entire martech side of the business that is 25% of revenues and growing? I feel highly skeptical of any analysis that try’s to translate their personal experience into a prognosis of business prospects. There are tons of products of a business you never encounter but have enduring competitive moats.
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