Good. Next Apple should buy Adobe!
Today’s News: “Adobe Systems Inc. announced the acquisition of Macromedia Inc. for $3.4 billion in stock in a deal that will bring together the software of two companies with broad resources to distribute documents, video and other media to personal computers, cellphones and hand-held devices. The transaction, part of the long-expected consolidation in the software industry, also could set the stage for an anticipated showdown with Microsoft Corp., of Redmond, Wash.” reports the Wall Street Journal.
This deal has been due for a long while, and makes perfect sense for both companies.
Now the next deal that one wonders about is the consolidation of Adobe and Apple. John Warnock, 64, is like a spiritual father to Steve Jobs, 50. Adobe created a suite of killer apps that made the Apple Macintosh platform widely popular amongst the creative professionals. It was what Microsoft Office was to Windows. Cultures are synergistic and in tune. It would provide stability to the Apple portfolio, which currently has quite a high volatility risk rating due to the over dependence on the iPod. Numbers look okay!
AAPL:
2004 Sales $8,279 Million
1-Year Sales Growth 33.4%
2004 Net Income $276 Million
1-Year Net Income Growth 300%
Market Cap $30,670 Million
ADBE:
2004 Sales $1,666 Million (Plus Macromedia’s Sales $370 Million)
1-Year Sales Growth 28.7%
2004 Net Income $450 Million
1-Year Net Income Growth 69%
Market Cap $14,831 Million (Plus Macromedia’s Market Cap $2,461Million)
What do you think, Steve?
Adobe Buys Macromedia: Bullshit and Dinosaurs
This quote sums it up:
The combination of Adobe and Macromedia strengthens our mission of helping people and organizations communicate better. Through the combination of our powerful development, authoring and collaboration tools – and the complemen…
Open Your Eyes,
if Apple buys {adobe/macromedia} then it is Micro$oft{apple}
that buys adobe, because remember that apple has already been
partly bought by redmonds shark.
This was a big battle but so stupid way of managing it