Adobe's revenue growth drops from 25% to 11%, facing competition and regulatory challenges.
Adobe's revenue growth has decreased from 25% in FY 2021 to 11% in FY 2023, facing competition from Figma, Canva, and Microsoft. Regulatory hurdles halted its acquisition attempt of Figma, and growth strategies like raising prices and share buybacks resemble slow-growth companies. The FTC investigates Adobe's subscription cancellation policies.
March 30, 2024
3 Articles