Adobe (ADBE) stock rockets after announcing on-target earnings and strong subscription growth

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Adobe stock climbed 10 percent to just under $60 in opening trading after announcing Q4 earnings in line with expectations, and strong growth in subscriptions as the company transitions away from one-time purchase licences.

While year-on-year numbers were poor, revenue down almost 10 percent and earnings almost halved, Adobe has been at pains to point out this was expected as it shifted to subscription-based sales.

As Adobe customers migrate from a legacy Creative Suite perpetual licensing model to new Creative Cloud subscriptions, revenue is recognized over time as opposed to at the time of purchase.

See below for a cool infographic of Adobe by the numbers …  Read more

Add some sick modular hardware controls to your Mac for $99 (Kickstarter project)

Trackpads and keyboards are great for many things, but there are some tasks where there’s no substitute for a physical dial, slider or button. In video editing, for example, there’s a reason that professional kit uses a rotary dial to move forward or backward through the video clip. Photo editing and audio work are also far easier with physical dials and sliders.

While there’s a whole world of dedicated hardware controllers out there, the Palette project on Kickstarter takes a particularly neat approach: a modular system that you can design to your own requirements. There’s a power block, button, rotary dial and slider, and you can mix-and-match them in any layout you like, and they can be made to work with any software …  Read more

Adobe giving EVERYONE Photoshop CC/Lightroom 5/Behance +20GB storage for $10/month until Dec 2

From 9to5Toys.com:

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Adobe today announced a pretty solid Black Friday deal. Adobe initially launched the Photoshop Photography Program in September to support the needs and workflow of photographers who use CS3 or later. Now, for a limited time, Adobe it is extending this offer to ALL photographers for $9.99/month as an annual subscription – valid from Nov. 20 (9:00 a.m. PST) through Dec. 2, 2013 (11:59 p.m. PST) on Adobe.comRead more

Adobe releases iPad versions of ‘Collage’ & ‘Proto’ apps

Previously available only to Android users, Adobe released its Adobe Collage app to iPad users today for assembling “modern, conceptual moodboards.” It also released the Adobe Proto app for iPad that allows you to create prototypes of websites and mobile apps.

The Collage app allows users to import content from select Adobe Creative Suite applications, including PDFs, PSDs, and AI files, as well as upload and access existing content stored in your complimentary 2GB Adobe Creative Cloud account. Once you have content imported from Adobe apps or the Web, the app provides a canvas, multiple pen types, text tools, various fonts, and other tools for incorporating images, video, text, and drawings into a collage-style piece of art.

Adobe’s Proto app allows you to “sketch website and mobile app wireframe layouts with simple finger strokes on your tablet’s touchscreen” using a CSS grid system, WebKit preview, jQuery support, and the ability to sync wireframes to Creative Cloud and to Dreamweaver CS6.

The Adobe Collage app for iPad is available on the App Store now for $9.99, and the Adobe Proto app is available for the same price (here). Adobe also updated its Photoshop Touch iPad app today with a ton of new features including new 2,048-by-2,048 resolution settings, auto-sync for Creative Cloud, new languages, and much more. A full list of features for Proto and Collage is below:

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Adobe to give first glimpse of CS6 Production Premium at 2012 NAB, will hold digital tech keynote with Woz

 

Adobe Systems, Inc. just announced it would give the first demonstrations of Adobe Creative Suite 6 Production Premium at the 2012 National Association of Broadcasters while unveiling major updates.

The famed Photoshop-maker will “showcase new software and innovations that improve how broadcasters, filmmakers and video professionals create, deliver and monetize high-quality productions across multiple screens,” according to a press release.

In addition to the presentation and interacting with the public at booth No. SL2624 during the event, Adobe will also reveal update highlights for Adobe Premiere Pro CS6 and Adobe After Effects CS6 (10 percent discount here).

Vice President and General Manager of Video Solutions Jim Guerard said the company plans to feature the upcoming softwares’ fast performance and firm integration that allows video professionals to effectively streamline workflows:

“This is a perfect opportunity to show off the new and breakthrough performance innovations in Creative Suite 6 Production Premium and demonstrate how it’s possible to work at the speed of your imagination, making workflows more efficient and audience experiences more compelling. From planning to playback, Adobe and its broadcast and media customers are leading the industry and reshaping how the digital video industry creates and consumes rich media.”

Adobe executives, Steve Wozniak, key Fusion-io scientists, and visual effects guru Steve Forde will also hold a “How Creativity and Technology Merge to Influence Storytelling and Film” keynote April 15 at NAB to discuss the advances of digital technology with modern storytelling.

The 2012 NAB Show is at the Las Vegas Convention Center from April 14 to April 19. Creative Suite 6 Production Premium will display in more than 60 partner booths throughout the event.

The full press release is below.

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Adobe demos content-aware move in Photoshop CS6

Software-maker Adobe posted an interesting video on its Photoshop channel through YouTube. The clip showcases content-aware move, which is one of the new features in the upcoming Photoshop CS6 update. Similar to content-aware fill in Photoshop CS5 that replaces the missing pixels behind removed image elements, the new feature lets you define a region and move it around with the background replacing automatically. What’s best is that one only needs to draw a rough boundary around the wanted object and the software will figure out the rest to —in most cases— define a pixel-perfect selection. Moreover, ite lets you stretch and extend objects intelligently without suffering any of the nasty artifacts. More sneak peek videos are after the break. Oh, and 9to5Toys offers some sales promotions on Adobe products.

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Adobe details Creative Cloud: $49.99 membership fee, 20GB storage, CS6, Lightroom 4, Muse, Edge, Photoshop touch apps

Adobe just revealed (via The Verge) pricing information and more details on its new cloud-based offering called Creative Cloud.

Announced last October along new touch apps for tablets, Creative Cloud is billed as a service that “radically redefines the content creation process” by offering a central web-based repository to store, share and view content across devices. Prices start at $49.99 a month, which buys you a one-year access to 20GB of cloud storage shared across the upcoming Creative Suite 6 apps. This translates into an annual fee of $600 versus the $2,000 (or much less) for the CS license, which could lure those who consider CS too pricey (assuming you only use a license for a year or two).

A membership also gets you all the Creative Suite tools, Adobe Touch Apps and services, device syncing capabilities, in addition to new features, products, and services as soon as they are released. It also includes Lightroom 4 (once it exits beta) and the new Muse and Edge web authoring tools. Volume licensing for businesses will be available this fall for $69.99 a month per seat.

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Adobe relents, announces CS6 upgrade offer for CS3/CS4 owners

Adobe makes a compelling suite of creative applications, which are the de facto industry standard, but Adobe’s high price points have traditionally put off many prospective Creative Suite buyers. To make matters worse, a change in upgrade policy last year enraged customers as it pushed them towards pricier subscription-based offerings. Well, if you already own Adobe Creative Suite 3 or CS4, you are in for a surprise as the company just announced a special upgrade offer towards CS6 purchases. According to a blog post, special introductory upgrade pricing on Creative Suite 6 to customers who own CS3 or CS4 is available from the time CS6 is released until December 31, 2012. Details will be announced here when CS6 and Creative Cloud are released later this year.

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Adobe makes its first foray into the Mac App Store with Photoshop Elements

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Macworld reports that Adobe is making its first application available on the Mac App Store. Adobe Photoshop Elements 9 Editor  is being offered for $79.99 which is less than the $99 boxed version (which is often discounted– for instance it is $60 currently after a $20 discount at Amazon).

Mac App Store version of the application costs $80 and includes all the same editing tools as the full version. However, unlike the full $100 version, it does not come bundled with the Adobe Elements Organizer application. This version is available only in English, and cannot be purchased anywhere outside of Apple’s Mac App Store.

The big deal here is that a huge software maker, that makes a lot of money on selling boxed software, is trying out the App Store.  Adobe are also experimenting in the iOS App Store as well.  The big question: Will Creative Suite be there soon with Apple taking 30% of the cut?  Ouch.

Adobe Photoshop Elements 9 Editor at App Store  Read more