San Jose-based Adobe broke into the Fortune 400 this year, jumping 54 spots as revenue and profits ballooned 24.7% and 44.9%, respectively. The Photoshop-maker’s recent shift toward cloud-based subscription–versus the sale of package-licensed software–has provided it with a more predictable revenue stream.
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News about Adobe Systems
Most sales are now from cloud subscriptions.
This is your Data Sheet newsletter for Friday, June 15, 2018.
The company wants coders to build many, many Pokemon Go-like apps.
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