#<p><strong><a href="http://www.techeye.net/wp-content/uploads/2015/06/Screen-Shot-2015-06-16-at-14.15.52-e1434460632635.png"><img class=" size-full wp-image-159288 alignleft" src="http://www.techeye.net/wp-content/uploads/2015/06/Screen-Shot-2015-06-16-at-14.15.52-e1434460632635.png" alt="Adobe HQ - Wikimedia Commons" width="330" height="246" /></a>Adobe is doing</strong> worse than its company executives predicted, despite an increase in its cloud based subscriptions.</p>
<p>Adobe has been switching to web-based subscriptions from traditional licensed software to help attract more predictable recurring revenue and that move seems to be paying off</p>
<p>Recurring revenue had reached 73 percent of total revenue, Chief Financial Officer Mark Garrett said in a statement.… <a href="http://www.techeye.net/business/adobe-profits-slower-than-expected" class="read-more">Read the rest</a></p>

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