4 Tech Stock Stories for Thursday Investor Downloading
Adobe Systems Incorporated (NASDAQ:ADBE): Current price $41.59
Adobe will cease the sales of its Creative Suite software, making its packages created for creative pros available only online or by subscription. A company spokesperson told TechHive in an email that “as Adobe continues to focus on delivering world-class innovation through Creative Cloud and digital fulfillment, we will be phasing out shrink-wrapped, boxed versions of Creative Suite and Acrobat products. Electronic downloads for Creative Suite and Acrobat products will continue to be available — as they are today — from both Adobe.com, as well as reseller and retail partners. We are in the process of notifying our channel partners and customers, as plans solidify in each region.”
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