Adobe sales boosted by overseas markets

Profits for the world's biggest design software developer, Adobe, have increased by 41% in the second quarter of 2008, thanks to demand for their products (Acrobat, Photoshop, Dreamweaver, etc.) in Europe and Asia.

Nevertheless, stockholders were not pleased with the profit outlook and Adobe shares dropped by between 2.5%-3.1%. Despite the 45 cents per share increase forecast by the company, the shareholders were looking for more.

Adobe is now looking to South America, Eastern Europe and China for new markets as the US economy slows down. According to statements by top officials within the company, there is no way of knowing how the recession will affect the company. Even though demand for the company's products remains high, their new income from Europe, that has sustained them during the grinding halt that is US economy, may experience a sharp decline as citizens of the EU head down to the beaches for the summer.