Adobe Goes All-In on Subscription Pricing Model.

Started May 6, 2013 | Discussions thread
giraffe
Senior MemberPosts: 2,268
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Re: Apparently The Stock Market has been reading this thread !!!!
In reply to Antioch, May 8, 2013

Antioch wrote:

Adobe made this announcement about this Cloud Model yesterday.

The day before the announcement, Adobe Stock price closed at $ 47.01. Yesterday it closed at $ 46.49 and today it closed at $ 45.60. So basically it has lost $ 1.41 per share since the announcement of the Cloud, a decline of 3 %. All of this while the entire stock market and major stock has all gone up at least 3 to 4 % the last 2 days, the stock market is making all time highs, except for Adobe.

Way to go Adobe !!

I second that. Most of the serious amateur photographers will leave Adobe and find something else. Lets hope Adobe stock continues its decline and maybe Adobe will reconsider - but I doubt that. I for one will not pay monthly cloud fees just like I don't rent my PC.

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Bert D

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