Adobe's iPhone Premiere Launch Could Be a Game Changer for Adobe (ADBE)

Simplywall
2025.10.08 04:45
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Adobe has launched a new iPhone version of Adobe Premiere, featuring free AI-powered video editing tools and creative assets, with paid upgrades available. This move aims to attract a new generation of creators and enhance cross-device editing capabilities. Despite this expansion, Adobe's short-term revenue outlook remains stable, with annual revenue expectations between $23.65 billion and $23.70 billion. Analysts predict potential revenue growth to $31.2 billion by 2028, driven by AI advancements, while cautioning about increased competition and investment demands in the rapidly evolving digital media landscape.