After a great 2020, Adobe says stars aligned for 2021

Adobe’s first quarter ended March 5, 2021, and the company says it is seeing plenty of more growth throughout the year. In fact, after the company’s cheerful assessment of the quarter, it also raised its expectations for 2021. Adobe’s Digital Media segment saw revenue of $2.86 billion, 32% year over year growth. Creative revenue grew to $2.3 billion, for a 31% growth while Document Cloud (also included in the Digital Media segment) grew to $480 million, a 37% growth year over year. The Digital Media ARR increased to $9.12 billion for Creative Cloud and to $1.57 billion for Document Cloud.