Developers, start your Engines!
When Adobe posted record revenue in Q3 of this year, I explained how the application powerhouse drives development forward.
The news is out, that Adobe ends the year with record revenue for Q4 that surpasses the $1 billion mark for the first time ever.
In particular, Adobe announced:
In the fourth quarter of fiscal 2010, Adobe achieved record revenue of $1.008 billion, compared to $757.3 million reported for the fourth quarter of fiscal 2009 and $990.3 million reported in the third quarter of fiscal 2010. This represents 33 percent year-over-year revenue growth. Adobe’s fourth quarter revenue target range was $950 million to $1 billion.
This is truly remarkable, and a clear indication that the application market for the tools that essentially build everything that we see and experience on the Internet is territory that possesses exponential growth potential.
In today’s Internet, development encompasses both 2D and 3D creation and full motion video. With the proliferation of higher Internet speeds and technological advancements in raw processing power, software such as the applications developed by Adobe obtain an important role in shaping both the contemporary multimedia experience and the future itself.
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