Adobe Systems Inc.

With Adobe (NASDAQ: ADBE) abandoning the Flash platform on mobile and television, what does this mean for the rest of the technology landscape? 1) Steve Jobs was right. People didn't really need flash on their mobile device. Flash was a resource hog, it sapped processor cycles and battery life...

According to Bank of America, Adobe (NASDAQ: ADBE) reported F2Q results beating estimates and consensus, while the upside was in-line with our preview. Bank of America said that total rev was $1.023bn vs our est of $992mn and cons of $994mn, and pro forma EPS was $0.55 vs our est of $0.50 and cons...

Morgan Stanley is maintaining its Equal-Weight rating on Adobe Systems (NASDAQ: ADBE) following the company's release of Q2 results. According to Morgan Stanley, “Q2 was a mixed bag as strength in Japan and CS 5.5 were offset by weakness in Europe and Enterprise. Total rev. of $1,023M and EPS of $...

Piper Jaffray is maintaining its Neutral rating and $36 price target on Adobe Systems (NASDAQ: ADBE) in advance of the compnay's Q2 results, to be released Tuesday. Says Piper Jaffray, in its report, “Adobe will report Q2 (May-11) results on 6/21. Based on domestic distributor checks and domestic...

In a report published by Credit Suisse, it is lowering the estimates on Adobe Systems (NASDAQ: ADBE). The target price is $34.00 and rating is Neutral. Adobe Systems closed yesterday at $32.36.

In a report published by Morgan Stanley, Adobe Systems (NASDAQ: ADBE) saw Solid Enterprise & Acrobat results, margin upside and strong buybacks all highlighted Q1. Morgan Stanley said that ADBE also prudently de-risked Q2 for Japan, although visibility on Q2 is lower than usual and ADBE will...

In a report published by Morgan Stanley, Adobe Systems (NASDAQ: ADBE) Q1 results look solid, and guidance is the key question. Morgan Stanley said that it remains bullish on the long term prospects for ADBE, and anticipates solid Q1 results aided by 1 point of currency benefit YoY. “Our checks...

Piper Jaffray is maintaining its Neutral Rating and $36 PT on shares of Adobe Systems Inc. (NASDAQ: ADBE). “Checks with half (10) of Adobe's 20 US license distributors suggest in-line Feb quarter results,” Piper Jaffray writes. “Distributors, on average, saw their Adobe business up 1% q/q in the...

While it's not earnings season yet, a few large companies have reported earnings recently, and created quite some excitement already. It started with BestBuy (NYSE: BBY) reported better than expected earnings and strong guidance on Sep. 14, and its stock gapped up 7.5% the next day. Next was...

Adobe Systems, Inc. (NASDAQ: ADBE) has shown solid CS5 upgrade patterns since its April 2010 launch, which is considerably more meaningful than the pre-CS4 results, as 46% have already upgraded to CS5 and for those who haven't yet upgraded, the intentions are between 90-92%, according to Piper...