The above graph represents Adobe quarterly revenue share by segment – Digital Media, Digital Experience and Publishing. As the graph shows, Adobe generates a majority of its quarterly revenue from Digital Media segment, followed by Digital Experience and Publishing. In Q1 2020, Adobe’s revenue from Digital Media clocked $2,169 million, representing 70.2% of the company’s total revenue.
|Source||Adobe Quarterly Reports, Sec Filings|
|Note||Adobe fiscal year starts from December 1st|
Despite increasing the revenue, the contribution of Digital Experience segment to Adobe’s total revenue in Q1 2020 declined. The share of Adobe digital experience revenue declined from 28.6% in Q1 2019 to 27.8% in Q1 2020. While the digital experience segment revenue increased from $743 million to $858 million during the same period.
The share of Adobe publishing revenue has declined from 3.1% in Q1 2019 to 2.1% in Q1 2020.
About Adobe, Inc.
Adobe Inc. (NASDAQ: ADBE) (formerly known as Adobe Systems Incorporated ) is an American multinational computer software company. Adobe was founded in December 1982 by Charles Geschke and John Warnock.
Prior to co-founding Adobe, Charles Geschke and John Warnock were working at Xerox‘s Palo Alto Research Center (PARC). At PARC, Geschke and Warnock, together invented a page description language (PDL), which provided a means to describe complex forms like typefaces electronically – called Interpress. They tried almost for two years to convince Xerox management to turn Interpress into a commercial product but failed. Later, they both left Xerox and co-found Adobe Systems.
Adobe was originally incorporated in California in October 1983 and later in May 1997, it was reincorporated in Delaware.
On August 20, 1986, Adobe went for Initial public offering, at a split-adjusted share price of US$.17. It was the first time in 1999 when Adobe’s annual revenue crossed $1 billion mark.
On October 3, 2018, Adobe officially changed its name from Adobe Systems Incorporated to Adobe Inc. The company’s business is organized into three reportable segments: Digital Media, Digital Experience, and Publishing.
Here are some interesting facts about Adobe.
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