In the just-reported fourth quarter, Adobe enjoyed a 14% year-over-year revenue boost to $1.15 billion. Non-GAAP earnings came in at $0.67 per share. Most encouraging of all, operating cash flows scored a big boost to $497 million. If you're keeping score at home, that's nearly 50 cents of operating cash squeezed out of every revenue dollar.
In the wake of a very public spat with Apple
The company is also poking a tentative finger at cloud computing. Other cloud-based platforms from Amazon.com
The cloud is driving Adobe's momentum these days. Many other companies are driving down that hugely profitable road -- check out some ideas on how to invest in the cloud, courtesy of our Motley Fool analysts.
Fool contributor Anders Bylund holds no position in any of the companies mentioned. The Motley Fool owns shares of Amazon, Microsoft, and Apple. Motley Fool newsletter services have recommended buying shares of Microsoft, Apple, Adobe, salesforce.com, and Amazon. We have also recommended creating bull call spread positions in Apple and Microsoft, a diagonal call position in Adobe, and shorting salesforce.com. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinion, but we all believe that considering a diverse range of insights makes us better investors. Check out Anders' holdings and bio, or follow him on Twitter and Google+. We have a disclosure policy.