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Author Topic: Adobes Profit Falls 59 Percent !  (Read 13022 times)

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« on: September 17, 2013, 16:59 »
+4
Adobes Profit Falls 59 Percent, but Cloud Subscribers Jump
http://allthingsd.com/20130917/adobes-profit-falls-59-percent-but-cloud-subscribers-jump/?mod=atd_homepage_carousel



So, their grand plan now is simple, most of their loyal userbase is outraged at being forced into the Adobe Cloud and stopped buying anything but investors are trustful in Adobe squeezing their subscribers like a lemon drop by drop !

What matters is now acquiring new subscribers rather than making actual profits, they will come at a later stage when users will be fully locked-in and scre-wed in with nowhere to go.



« Reply #1 on: September 17, 2013, 17:37 »
+3
.
« Last Edit: May 12, 2014, 09:58 by Audi 5000 »

« Reply #2 on: September 17, 2013, 17:49 »
+2
Adobe screwed Apple when they were struggling. They are ruthless. I am glad that the backlash is hitting them hard.

« Reply #3 on: September 17, 2013, 17:54 »
+3
This is what happens if you ignore the customer.


« Reply #4 on: September 17, 2013, 18:12 »
+15
Adobe slashed the price for Photoshop & Lightroom to $10 per month on September 5th. That could account for the jump in the cloud subscriptions. I see it as a desperate move to entice a loss of customer enthusiasm. I'm sticking with CS6. I hope this greedy overreach is a financial disaster.

« Reply #5 on: September 17, 2013, 18:26 »
+8
Adobe drew in a fair number of CC subscribers with the limited time offer of PS & LR for $9.99 a month. I didn't go for it as I am for the moment happy with CS6 and LR 4.x and will do everything I possibly can to avoid the CC

I am still holding out hope that they will come to their senses and continue to offer perpetual licenses as well as pseudo-Cloud subscriptions (there's almost nothing cloud about it; you have to download the apps to your devices). It's great to have the CC option for those who want it.

Adobe shafted their loyal customers and I don't want them to go out of business, but I do want them to get hit so hard that they remember that without customers they have no business.

Couple of articles on this:

http://www.fool.com/investing/general/2013/09/14/why-you-shouldnt-panic-if-adobe-earnings-fall.aspx
http://www.bloomberg.com//news/2013-09-17/adobe-sales-profit-miss-estimates-as-subscriptions-grow.html

Clearly the investors see the potential in getting users hooked....

The actual users of their software aren't so thrilled though :)

http://forums.adobe.com/message/5684459
« Last Edit: September 17, 2013, 18:35 by jsnover »

EmberMike

« Reply #6 on: September 17, 2013, 18:41 »
+6
Adobe slashed the price for Photoshop & Lightroom to $10 per month on September 5th. That could account for the jump in the cloud subscriptions. I see it as a desperate move to entice a loss of customer enthusiasm. I'm sticking with CS6. I hope this greedy overreach is a financial disaster.

I'm not even on CS6 yet, but eventually I'll upgrade to that version and then just ride it as long as I can. After that, I'll get some other non-subscription product, be it an Adobe product when they realize that enough people still want that, or something from another company.

Either way, I'll never be a cloud subscriber.

« Reply #7 on: September 17, 2013, 18:46 »
+1
Is CS6 the last physical product?  I would like to upgrade my PS7 and AICS.

I won't go to subscription based software to me that's nuts I'd rather have the disk on hand to install and not have issues with cloud related things if something goes wrong on the internet during an update or whatever.  I can see it being useful to those that freelance it's just not for me.

« Reply #8 on: September 17, 2013, 18:50 »
+1
Actually, CS6 was not a physical disk. It was/is a download. Disks are going the way of the dinosaur. I don't think you can upgrade from PS7 to CS6. (only from a former CS version)
« Last Edit: September 17, 2013, 18:56 by rimglow »

« Reply #9 on: September 17, 2013, 18:59 »
+1
I've spent so much money with upgrades over the years. I'm running CS5 and will hold out as long as possible or just look to other software (Phase One perhaps) before investing any more dollars in Adobe.

w7lwi

  • Those that don't stand up to evil enable evil.
« Reply #10 on: September 17, 2013, 20:35 »
0
Actually, CS6 was not a physical disk. It was/is a download. Disks are going the way of the dinosaur. I don't think you can upgrade from PS7 to CS6. (only from a former CS version)

I purchased CS6 earlier this year and received a hard disc.  So far as I know you can still find hard disc copies on the internet.  Agree you cannot upgrade from PS7 to CS6 (or any other available CS version).  You'll need to purchase the complete stand-alone software.  I got mine for around $400 or so.  Just search the web.

EmberMike

« Reply #11 on: September 17, 2013, 20:45 »
+1

Unless you're someone who needs/wants the latest and greatest software all the time, I don't see Cloud making much sense financially. I'm looking on ebay at Illustrator CS4 and seeing it going for between $50 and $100. I'm perfectly content with CS4, so even if I needed new software today, I'd opt for CS4 as it is very inexpensive now. In a few years, CS5 will be the same, then CS6 years after that.

Versus what, less than a year on the cloud for the same money? No way...


« Reply #12 on: September 17, 2013, 21:01 »
+1
I completely agree with you all!

I think to use it one has yo be connected to the web?!

If you are on a plane or somewhere else with out Internet ... Would using the software not possible?

Sometimes I skip a version or get it late... Sometimes it's not in the budget ... CC is like "leasing a car"

« Reply #13 on: September 17, 2013, 21:11 »
0
Oops!  Upgrade was a poor word choice I made.  I'll hunt around online to see if I can't get a physical disk somewhere.  I only use PS and AI both of which severely outdated.  If I can't get CS6 I'll try to go up to at least CS5 on both and that should do me for awhile.

« Reply #14 on: September 17, 2013, 23:17 »
+1
I completely agree with you all!

I think to use it one has yo be connected to the web?!

If you are on a plane or somewhere else with out Internet ... Would using the software not possible?

Sometimes I skip a version or get it late... Sometimes it's not in the budget ... CC is like "leasing a car"

Adobe CC only needs to connect to the internet once per month to make sure that you are still a subscriber.

« Reply #15 on: September 18, 2013, 00:23 »
0

Unless you're someone who needs/wants the latest and greatest software all the time, I don't see Cloud making much sense financially. I'm looking on ebay at Illustrator CS4 and seeing it going for between $50 and $100. I'm perfectly content with CS4, so even if I needed new software today, I'd opt for CS4 as it is very inexpensive now. In a few years, CS5 will be the same, then CS6 years after that.

Versus what, less than a year on the cloud for the same money? No way...

I definitely don't need that latest and greatest, but I find it convenient. It is a pretty small business expense. Some may find it unnecessary, but I enjoy the convenience of it.

« Reply #16 on: September 18, 2013, 02:30 »
0
Sounds like the perfect time for a competitor to step up.

Indeed but who ? I see many decent RAW converters around that one day could be on par or even beat Lightroom but for PS there's not even competition, Paint Shop Pro is just out of their league, let alone GIMP and other cr-ap.


« Reply #17 on: September 18, 2013, 03:55 »
+10
Every single day I'm annoyed over how bad Illustrator is. It's packed with bugs and flaws that hasn't been fixed in years, and they never improve any of the basic tools. The pen tool has been the same since the first Illustrator version from 1987. To get all the functions that you (and everbody else) want you have to buy all the Astute Graphics plugins and maybe download a few scripts and other plugins.

So up yours, Adobe! I'm happy to see you struggle.

« Reply #18 on: September 18, 2013, 04:25 »
+4
Anyone thinking about getting cheap copies of the software online might want to read this guy's experience first http://tonysleep.co.uk/node/586.
OK the blog's a few years old, but I'll bet nothing has changed.
I don't use Adobe products. They always have been too expensive (for me as a business cost) IMO. What's happened as far as their falling profit goes, is that they have been offering less and less new "must have" features for the cost of upgrading every year or so.
It'd be a cold day in Hell before I'd pay for a subscription to use any software!

BoBoBolinski

« Reply #19 on: September 18, 2013, 08:20 »
-1
"Every single day I'm annoyed over how bad Illustrator is."

I think it's great, as it happens, I don't find bugs personally, and I also like the subscription model. All my clients have the latest version, it looks unprofessional having to ask people to save images down to older versions, I'm happy to pay, it's considerably less cash outlay compared to buying the latest version outright too, and it's tax deductible anyway.

« Reply #20 on: September 18, 2013, 09:10 »
+1
I think we're witnessing a new era of computing : in many fields the software has reached full maturity, all the important features have been developed and there's little left to add to convince buyers to buy upgrades.

This is true for PS but also many others.

So now they're switching to pay-per-use but this makes no sense for users as they can see by themselves they will just receive some bug fixes and very small new features at best.

From a technology perspective, these products are complete, their mission is finished, they're like an old successful car that is still sold over and over and get some minor makeover from time to time but if we talk about productivity where's the big difference between CS4/5 and CS7 ?

Users will be forced to upgrade as CS4 can't run on Win8 but now they've a good reason to look for alternatives.
There are even free Raw converters that do a good job, see RawTherapee and similar lightroom "clones" that look promising.

Nothig will replace PS but i can certainly do 80-90% of my workflow with a free clone of LR if i want, i never spent time on the cheaper alternatives before but now i could and i can see RawTherapee being more advanced than LR in many ways.

Or i could stick to pirated warez like anyone else here in Asia, up to you Adobe !


« Reply #21 on: September 18, 2013, 09:21 »
0
I don't want to go to the cloud either and I'll stick with CS6 as long as I can but I know I'll eventually be forced to do something different.  Adobe refuses to support new cameras in older versions of their products.  I was perfectly happy with CS4 but I was forced to go to CS6 when I got my 5D Mark III.  Eventually I'll upgrade to a new camera body and I'll be forced to make a move again.  I hate that.

« Reply #22 on: September 18, 2013, 09:22 »
0
.
« Last Edit: May 12, 2014, 09:58 by Audi 5000 »

« Reply #23 on: September 18, 2013, 09:47 »
+2
I think we're witnessing a new era of computing : in many fields the software has reached full maturity, all the important features have been developed and there's little left to add to convince buyers to buy upgrades.

This is true for PS but also many others.

So now they're switching to pay-per-use but this makes no sense for users as they can see by themselves they will just receive some bug fixes and very small new features at best.

From a technology perspective, these products are complete, their mission is finished, they're like an old successful car that is still sold over and over and get some minor makeover from time to time but if we talk about productivity where's the big difference between CS4/5 and CS7 ?

Users will be forced to upgrade as CS4 can't run on Win8 but now they've a good reason to look for alternatives.
There are even free Raw converters that do a good job, see RawTherapee and similar lightroom "clones" that look promising.

Nothig will replace PS but i can certainly do 80-90% of my workflow with a free clone of LR if i want, i never spent time on the cheaper alternatives before but now i could and i can see RawTherapee being more advanced than LR in many ways.

Or i could stick to pirated warez like anyone else here in Asia, up to you Adobe !

You do realize that there is more to the suite than just those 2 programs (not to mention storage and partner deals). I think the cloud is a great direction for them to pursue. It offers an endless supply of new products and services that they can test and implement while still maintaining and improving existing ones.

Ron

« Reply #24 on: September 18, 2013, 10:04 »
0
Slightly off topic, but CR 8.1 is now only available through updates in CS6, here is the direct link though in case you need  it.

Direct download link for Camera Raw 8.1 plugin: http://swupdl.adobe.com/updates/oobe/aam20/win/PhotoshopCameraRaw7-7.0/8.1.79/setup.zip


 

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