And I'm giving you a good segue into the next point we want to discuss because one of these pieces - interactive web collaboration - they were OK in, but tried to find a solution last year.ĭeidre Woollard: Exactly. If a new technology comes along, which they're either not very good at themselves or haven't foreseen, they can acquire that piece and lump it in with the experiences. By broadening it out to experiences, they give themself some latitude. This approach lets them keep acquiring pieces and develop pieces internally to plug and play. Do you think Adobe is more of a customer experience company now?Īsit Sharma: It's certainly trying to be, Deidre, it over the years had acquired many smaller companies to build out this suite of tools that now expresses itself as the Creative Cloud. But when I looked at the earnings, it's more about digital experience now, and that really seems to be growing. I still tend to think of Adobe as the Photoshop company. I thought Adobe's earnings were a welcome surprise. It's been a challenging quarter for tech in general.
Want to talk today about a couple of interesting earnings, and what they say about larger sectors. How're you doing today?ĭeidre Woollard: I'm doing well. I'm Deidre Woollard sitting in for Chris Hill, and I'm joined today by Motley Fool analyst Asit Sharma. This video was recorded on March 16, 2023.ĭeidre Woollard: Adobe and Five Below try to transform, and our stock market madness tournament continues.
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