Hungry For More Subscribers, Adobe Is Bringing Its Professional Software To iOS Devices

Summary

Adobe can increase the number of its current Creative Cloud subscribers after its release of a full version of Photoshop for the iPad.

Going forward, Adobe is likely going to make future versions of its best-selling products become more hardware-agnostic.

Adobes growth prospects are better when it also can rent out its Creative Cloud software products to iOS/Android tablet/smartphone users.

The ever-more powerful ARM processors from Apple are only going to make the iPad a better laptop replacement for designers and content creators.

Adobe has an excellent history of selling software made for a non-Intel x86 CPU architecture.

The recurring revenue stream from Adobe’s (ADBE) Creative Cloud software-as-a-service has a future tailwind. Adobe is planning to release a full version of its $9.99/month Photoshop product for the iPad next year. It can boost Adobe’s $1.3 billion/quarter Creative Cloud subscription business. Apple (AAPL) sold 11.55 million iPads last Q1. The tens of millions of high-end iPad/iPad Pro users is a massive pool of potential new subscribers.
Hungry For More Subscribers, Adobe Is Bringing Its Professional Software To iOS Devices - Adobe Systems Incorporated (NASDAQ:ADBE) | Seeking Alpha