Adobe (NASDAQ:ADBE) announced that it earned $0.60 per share for the second fiscal quarter of 2012, beating analyst estimates by one cent. The products segment increased by 5% to $1.12 billion beating estimates by $10 million, and the products segment increased by 5% to $871 million, subscriptions increased by 45% to $159.5 million, while services grew 12% to $93 million.
Adobe is making a heavy push with its Adobe Creative Cloud package, designed to compete with similar offerings from companies such as Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG).
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