Monday 8 December 2008

ADBE US$23

Now this is interesting. The other day Adobe Inc. (US$23) announced layoffs and reduced Revenue expectations but due to favourable Income Tax refunds bumped-up EPS forecasts for 4Q08.

The 600 layoffs are in the developer ranks - which given ADBE just released it Creative Studio 4 package is not altogether surprising - as even before the merger with Macromedia, both of these companies were "programmer rich" environments. Now that 2 years have passed since that merger and 2 upgrades have been completed, that "software consolidation" has probably been accomplished.

Yet what really caught my eye was this at ZDnet.com - "With 256-bit encryption, Acrobat 9 passwords still easy to crack". How is that possible? Well as Dancho Danchev explains, you are only as strong as your weakest link and in Acrobat 9, despite doubling the encryption level from 128 to 256 bit, they dumbed down the process so it is easier to do a brute-force crack! Why bother with an upgrade like that?

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