| Potential Upside to Adobe Based on New Market Levels Trefis submits: Adobe (NASDAQ:ADBE) recently announced its third quarter 2010 earnings results, in which the management gave weak outlook for the fourth quarter of 2010 [1]. Adobe’s stock declined by 20% from $33 on Tuesday to $26 the following day. Management cited the slow education market, which is the company’s largest business vertical, and the weak Japanese market, which is the company’s second largest market after the U.S., as the reasons for the weak outlook. We are not as bearish as the market on Adobe shares and have updated the Trefis price estimate for Adobe stock down slightly from $38 to $36. Despite Adobe’s weak outlook, we believe that the company will continue to dominate the creative software market over the long term.Complete Story » seekingalpha.com |
Facebook’s Promising, Infuriating New Groups Feature Despite Facebook's glowing promise of "more control," the new Groups feature fails to do exactly that. feeds.pcworld.com |
Mobile Internet Will Rule Within 5 Years, Analysts Say Researchers offer surprising forecasts for the fate of smartphones, netbooks, tablets, Android devices, and Windows in an increasingly mobile world. feeds.pcworld.com |
Sony Walkman Cassette Player Dies In Japan, Lives On in U.S. Sony said 'sayonara' to the Walkman cassette player in Japan signaling the end of a seminal piece of personal technology. feeds.pcworld.com |
Gamewatch: Fable III, Rock Band 3, Star Wars The Force Unleashed II Check out the latest PC, Xbox 360, PlayStation 3, and handheld video games shipping the week of October 25. feeds.pcworld.com |