Adobe’s Profit Falls 15 Percent

Adobe Systems Inc. posted a 15 percent drop in fiscal-third-quarter profit, hurt in part by higher marketing and stock-compensation costs.

The software maker’s shares rose in after-hours trading as the earnings were at the higher end of projections and Adobe gave an upbeat outlook.

The company, known for its Flash software and Creative Suite of design programs like Photoshop, has been ramping up on the expense side as it hires sales and marketing personnel.

Read the rest of this post on the original site »

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »