With very few exceptions, subscription models are the norm.Ĭapture One, which is perhaps Adobe’s greatest competitor in the photography space, recently signaled that the time of perpetual software is over as those licenses will no longer receive new features. Software companies that don’t adopt Adobe’s wildly successful subscription strategy are basically left to languish well behind the San Jose-based giant. Photographers who lament the death of perpetual software basically only have Adobe’s success to blame.
Last year, Adobe posted a record revenue of $17.61 billion, which represented a 15% year-over-year growth. Adobe obviously believes this to be the start of a strong fiscal year where, if this continues, the company will set yet another record year of revenues and profits.
Pretty much every division saw a revenue increase.
The creative applications weren’t alone either.
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