![]() ![]() These business units aim at markets that Adobe expects to be worth $147 billion by 2023. Experience Cloud provides marketing software and services. Document Cloud includes its Acrobat and e-signature offerings. Its largest, Creative Cloud, includes software for creative professionals such as Photoshop and Illustrator. Has Adobe peaked out? It is targeting very large and rapidly growing market opportunities.Īdobe has three cloud computing businesses. How so? The company “missed expectations for annual recurring revenue in its core Digital Media business and experienced more adverse seasonality than expected in its Creative Cloud business last quarter,” reported IBD. ![]() ![]() Investors dumped its shares because Adobe did not grow as quickly in two of its business units as analysts had expected. Yet its stock fell 3.1% in the wake of the report and by October 15, Adobe traded 5.6% below its price the day before its third quarter earnings report. ![]()
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