Why Investors Like Adobe Diving Into Subscriptions
An earlier version of this story said the Creative Suite/Cloud business is roughly $3 billion out of Adobe's $4 billion annual revenue. In fact, the unit accounts for $2 billion of Adobe's annual revenue. That version also said the Digital Marketing business makes up the other $1 billion in revenue, and it should grow 25 percent per year. In fact, the Adobe Marketing Cloud business is on a run-rate to achieve $1 billion in revenue, and it should grow over 20 percent per year.