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Strategies & Market Trends : Guidance and Visibility
AAPL 271.84-0.4%Dec 31 3:59 PM EST

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To: 2MAR$ who started this subject9/19/2001 7:38:28 AM
From: SusieQ1065  Read Replies (1) of 208838
 
07:34 ET Adobe Systems (ADBE) : Posts Q3 net of $0.28 a share, in line with consensus. Revenues declined 11.2% to $292.1 mln. "While I am disappointed that we fell short of our original revenue target, it is clear that our strategy of investing in Adobe Acrobat products is paying off."


07:40 ET Adobe Systems (ADBE) 30.10: -- Update -- Assuming continued weak economic conditions in each of its major markets, company targeting Q4 rev of $310-$320 mln (mean $356 mln). Change in guidance based primarily on recent significant weakness in Japan. It does not include any potential economic impact of the recent national tragedy on Q4
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