Adobe did nothing but exist for the last three months and it still posted record revenues.
, which represents 9% year-over-year growth. While Adobe is a big company, its most notable products are its creative tools like Photoshop, Premiere Pro, and Lightroom which are categorized in the Creative Cloud division under Digital Media. That division grew from $3.45 billion to $3.47 billion while Creative Cloud alone saw revenue increase to $2.76 billion, an 8% year-over-year increase. Creative Cloud brThe creative applications weren’t alone either.
Photographers who lament the death of perpetual software basically only have Adobe’s success to blame. Software companies that don’t adobt Adobe’s wildly successful subscription strategy are basically left to languish well behind the San Jose-based giant. With very few exceptions, subscription models are the norm.
Capture One, which is perhaps Adobe’s greatest competitor in the photography space, recently signaled that the time of perpetual software is over as those licenses will
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