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Ticker Summary (ADBE)

29.48+0.06 (+0.20%)
Open 29.68
High 29.91
Low 29.25
Volume 4,549,405
Market Cap 15.5B
52 Week High 38.20
52 Week Low 26.01
P/E 41.52
F P/E 13.68
EPS 0.71
Dividend N/A
Yield N/A
1 Year Target 40.16

ADBE 29.48 +0.20%

Adobe and ARM announced today plans to enable Flash Player 10 and Adobe AIR support for ARM devices. ARM CPU's used across many mobile devices including the iPhone. The iPhone does not currently support flash back due to performance reasons. This move should provide the performance necessary to bring Flash to mobile devices.

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2 years 306 days ago by Tim

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