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by Angsuman Chakraborty.
Original Post: Adobe Systems posts lower 2nd-quarter profit, sales but meets expectations
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Adobe Systems posts drop in 2Q profit, sales
NEW YORK â Adobe Systems Inc., the company whose software powers Flash animation and PDF documents, posted a sharp drop in its fiscal second-quarter profit and sales Tuesday amid weaker demand in the economic downturn.
But the quarter's revenue inched past Wall Street's expectations, and adjusted earnings met those [...]
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