Reuters: Technology News: Adobe revenue slows ahead of upgrades

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Adobe revenue slows ahead of upgrades Mar 19th 2012, 20:23 BOSTON | Mon Mar 19, 2012 4:23pm EDT BOSTON (Reuters) - Adobe Systems Inc, maker of Photoshop and Acrobat software, reported lower revenue growth as sales slowed ahead of major upgrades to the company's Creative Suite line of digital media programs later this year. Revenue rose 1.7 percent to $1.045 billion in its fiscal first quarter ended March 2, slightly below the $1.054 billion average forecast of analysts polled by Thomson Reuters I/B/E/S. The company predicted a sales slowdown in December.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions