ADBE Stock Price: Adobe Can Keep Its Software Rivals At Bay
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
- Adobe is facing increasing challenge from Serif’s Affinity Photo and Affinity Designer software.
- Serif’s old plan was to keep Affinity Photo and Affinity Designer exclusive to the Mac platform.
- However, Serif recently announced that it is now working on releasing the Windows versions of Affinity Photo and Designer.
- It is, therefore, good that Adobe has made important upgrades to Illustrator CC. Adobe’s $19.99/month vector illustration software is vulnerable to Affinity Designer.
- Adobe is still a worthy investment for long-term investors.
- I Know First is currently bullish on the ADBE stock movement