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Adobe reports record revenue

22 Sep 2010

In the third quarter of fiscal 2010, Adobe said it pulled in record revenue of US$990.3 million, compared to US$697.5 million for the same period last year and $943.0 million reported in Q2, 2010.

"Strong performance in each of our major businesses contributed to record revenue and strong earnings in Q3," said Shantanu Narayen, President and CEO of Adobe. "We remain bullish about Adobe's long-term role in enabling the transformation of content and applications across industries."

The growth was attributed to strong sales of Creative Suite, Omniture and the firm’s enterprise products.

For the fourth quarter of fiscal 2010, Adobe has set a target revenue range of of $950 million to $1 billion, the same for this year’s Q3 period.

Adobe also recently launched Photoshop Elements 9 and Premiere Elements 9 for Windows and Mac, marking the first time Premiere Elements has been available on Mac.

You can find pricing details from the Adobe Store here.

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