Adobe posts first Billion Dollar Quarter despite criticisms against Flash

In the fourth quarter of fiscal 2010, Adobe achieved record revenue of $1.008 billion, compared to $757.3 million reported for the fourth quarter of fiscal 2009 and $990.3 million reported in the third quarter of fiscal 2010.  This represents 33 percent year-over-year revenue growth.  Adobe’s fourth quarter revenue target range was $950 million to $1 billion.

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