Adobe with record revenues for the quarter
|In the recent months, Adobe was in sight mainly because of the controversy with Apple, but excluding, the company seems to have been dealt more than well financially. So well that reported record earnings for the third quarter of its fiscal year, which ended in early September. Revenues increased by 42% from 697.5 million dollars a year ago, while net profit has increased from 136 million to $ 230.1 million. According to company chief Shantanu Narayen Adobe is working with strategic partners such as RIM, HP-Palm and Nokia for providing the opportunity to work with Flash in their respective platforms. The technology will be maintained in the devices of Dell, LG and others. He said Apple’s recent decision to allow authors to use applications for their products other development tools such as Flash Packager, yet have little effect.