- Download apps by Adobe Inc., including Adobe Lightroom Photo Editor, Behance – Creative Portfolios, Adobe Advertising Cloud, and many more. Global Nav Open Menu Global Nav Close Menu Apple.
- Adobe is already doing that themselves, as an independent company. The only argument I've ever heard that makes sense for an Apple acquisition of Adobe is the idea that Apple fears that Microsoft might buy Adobe first, and then torpedo the Mac versions of the CS suite.
Macbook pro 2016 screenshot. Todays rumors on the exchange floor - Adobe to be bought by Apple.
Wednesday, 14 May 2008Quicklens 1 8. This one's pretty simple.
First, Steve Jobs wants Apple to feel like a small, focused company. They're not a small company, of course — Apple's most recent quarterly filing states they have 21,600 employees — but that's what Jobs wants it to feel like. The company's internal structure is a reflection of its product lines — simple and clear. Buying Adobe — a $20 billion company with a slew of products and nearly 7,000 employees — is not how you keep Apple feeling small and focused. And keep in mind that half of Apple's employees are in retail.
Second, Apple, under Jobs, is only interested in best-of-breed products and technologies. The iPhone is the best phone in the world. The iPod is the best media player. Macs are the best computers. Mac OS X is the best desktop OS. iPhone OS is the best mobile OS. (Reasonable people may disagree about one or more of these 'best' assessments, but I'm talking about Apple's perspective.) There are exceptions, but only at the periphery of Apple's offerings. Mac OS X Server, for example, isn't generally considered the best server OS in the world, but it doesn't get much promotional oomph, either. .Mac is .bad, but you wait and see if Apple doesn't knock it down and replace it with something reliable and more relevant and useful.
What does Adobe have that Apple would want to own? Flash seems to be the most common answer amongst those who think Apple covets Adobe. Do you really think Flash is the best of anything? Or, more relevantly, do you really think Jobs and Apple's engineering management think so? Flash is ubiquitous, but that doesn't make it good. It's the same reason why iPhone app development is based on Objective-C rather than a more popular, more ubiquitous language like, say, Java — because the decision-makers at Apple genuinely believe it to be decidedly better. If Apple wanted to own a technology like Flash they'd build their own technically superior version and distribute it to Windows users with iTunes. This goes double for AIR, which Apple, I'm certain, thinks they could do better than, and which unlike Flash doesn't yet have any significant popularity.
The CS apps, you say? Which macbook pro should i buy for video editing. Why? To make sure there are good photo-editing, illustration, and desktop publishing apps for the Mac? Adobe is already doing that themselves, as an independent company. The only argument I've ever heard that makes sense for an Apple acquisition of Adobe is the idea that Apple fears that Microsoft might buy Adobe first, and then torpedo the Mac versions of the CS suite. But that would be a totally defensive move, and Steve Jobs is not a defensive thinker. Jobs plays offense. If it ever became necessary, Jobs surely believes that Apple could create their own replacements for Photoshop, Illustrator, and InDesign. And the whole idea doesn't make much sense anyway, given that if Microsoft wanted to sink a suite of popular big-ticket Mac apps, they don't need to buy Adobe.
And so if Apple, under Jobs, is tightly focused, what is it that they're focused on? It's not the pro market. It's mobility — iPhone, iPod, MacBook Air. Adobe is a good company with good products, but they don't fit into Apple's focus at all.
Very red day for Apple stock that lost -5.60% in Friday trading session (Updated on October 30, 2020)
Sell candidate since 2020-10-30
Last Trading Session
The Apple stock fell by -5.60% on the last day (Friday, 30th Oct 2020) from $115.32 to $108.86. During the day the stock fluctuated 3.96% from a day low at $107.72 to a day high of $111.99. The price has fallen in 6 of the last 10 days and is down by -8.54% for this period. Volume has increased on the last day by 62 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 190 million shares were bought and sold for approximately $20.65 billion.
The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $106.90 will give a strong sales signal and a trend shift may be expected. Given the current horizontal trend, you can expect Apple stock with a 90% probability to be traded between $106.99 and $134.38 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
The Signals
There are few to no technical positive signals at the moment. The Apple stock holds sales signals from both short and long-term moving averages. Also, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $113.97 and $114.73. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Monday, October 12, 2020, and so far it has fallen -12.49%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Apple Buy Adobe Cloud
Support, Risk & Stop-loss
Apple finds support from accumulated volume at $108.74.
This stock has average movements during a day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $4.27 between high and low, or 3.96%. For the last week, the stock has had a daily average volatility of 3.54%.
Slot for real money. Apple is oversold on RSI14 (24). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.
Our recommended stop-loss:We hold a sell evaluation for this stock. https://downuload346.weebly.com/transfer-pictures-from-android-to-macbook-air.html. No stop-loss set.
AAPL Stock Forecast and Score
Apple holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy Candidate to a Sell Candidate candidate.
Apple Buy Adobe App
Our system ranks the AAPL as Sell Candidate with a score of -1.331.
Apple Buy Adobe Software
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 161 votes on StockTwits.
Piper Sandler is very positive to AAPL and gave it a 'Overweight' rating on October 22, 2020. The price target was set to $130.00 - $135.00.Over the last 30 days, this security got 6 buy, 2 sell and 1 hold ratings.
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Apple Buy Adobe Pro
Price: $108.86
Resistance: $120.96
