How much of Adobe does Apple own?
Apple Computer Inc. said today that it would sell its 16.4 percent stake in Adobe Systems Inc., whose Postscript software controls the output of Apple's laser printers. The move comes as the strategies of the two companies continue to diverge.
Apple has enough cash to buy Adobe, with more than $250 billion in cash reserves, Apple could buy Adobe with no debt and still have more than $150 billion in cash, leaving it with enough to also buy car company Tesla and still have more than $100 billion.
Per Trefis estimates, Microsoft would be paying almost 20x of Adobe's expected revenues of $13.2 billion for fiscal 2021. Based on our fundamental assessment of the two companies' valuation, despite the compelling logic and the associated synergies, the price tag of $260 billion in itself will be a major deterrent.
Apple has a long relationship with Adobe. In fact, we met Adobe's founders when they were in their proverbial garage. Apple was their first big customer, adopting their Postscript language for our new Laserwriter printer. Apple invested in Adobe and owned around 20% of the company for many years.
Adobe competitors include Salesforce, Google, Microsoft, Apple and Oracle.
Adobe Acrobat is a family of application software and Web services developed by Adobe Inc. to view, create, manipulate, print and manage Portable Document Format (PDF) files.
Adobe Photoshop now on iPad | Adobe Photoshop.
Adobe has finally released an iOS version of Adobe Reader! With it, you can view PDFs, including encrypted files, and print and share files.
Adobe design apps, together on iPad.
Unleash your creativity anywhere with the Adobe Design Mobile Bundle, a collection of leading apps for photo editing, graphic design, art, and social media. Edit, composite, and create beautiful images, graphics, and art.
Adobe Inc. is an American computer software company headquartered in San Jose, California.
Is Adobe a good buy in 2022?
Like many formerly high-flying growth stocks, Adobe has turned in a mixed performance so far in 2022. Yes, its top-line growth through Q2 was strong, with sales rising 14% in the most recent quarter. Its software-as-a-service model is delivering solid cash flow, too, just as management predicted it would.
ADBE stock key metrics
Adobe's financial numbers are very impressive. Revenue grew at a 22% CAGR over the period 2015/2021 while operating margins improved from 18.8% to 36.8% thanks to the business model transformation. As a result, EPS and FCF per share grew at a 42% and 33% CAGR over the same period, respectively.
Adobe makes money by selling software for creative content and marketing purposes, with a focus on user experience. The company's products are offered as subscription and through licenses.
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Adobe net worth as of September 06, 2022 is $172.36B. Adobe Inc. is one of the largest software companies in the world.
Adobe Stock
Preview is the best choice for someone who wants to use one PDF reader for personal and professional matters. Preview is the best choice for someone who wants to use one PDF reader for personal and professional matters.
Billed annually at US$179.88/yr. Windows and Mac. No annual commitment required.
Whether it's official contracts or entertaining articles, PDFs make it easy to read any document on your Mac. Explore what more you can do with Acrobat Reader to enhance your PDF experience on Mac.
- Open a file in Acrobat.
- Click on the “Edit PDF” tool in the right pane.
- Use Acrobat editing tools: Add new text, edit text, or update fonts using selections from the Format list. ...
- Save your edited PDF: Name your file and click the “Save” button.
