Adobe Reports Record Q2 2019 Revenue

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Adobe reports record revenue for Q2 2019. Creative Cloud business appears to thrive, despite criticism. If you look for an alternative to Lightroom, or just want a software that’s yours once you paid it, we recommend Skylum Luminar 3 (you get $10 discount on checkout by using our exclusive code “WATCH”).

Adobe press release:

Achieves 25 Percent Year-Over-Year Growth with Strong Creative, Adobe Document Cloud and Adobe Experience Cloud Revenue

SAN JOSE, Calif.–(BUSINESS WIRE)–Adobe (Nasdaq:ADBE) today reported financial results for its second quarter fiscal year 2019 ended May 31, 2019.

Q2 FY2019 Financial Highlights

  • Adobe achieved record quarterly revenue of $2.74 billion in its second quarter of fiscal year 2019, which represents 25 percent year-over-year growth. Diluted earnings per share was $1.29 on a GAAP-basis, and $1.83 on a non-GAAP basis.
  • Digital Media segment revenue was $1.89 billion, which represents 22 percent year-over-year growth. Creative revenue grew to $1.59 billion and Document Cloud achieved revenue of $296 million. Digital Media Annualized Recurring Revenue (“ARR”) grew to $7.47 billion exiting the quarter, a quarter-over-quarter increase of $406 million. Creative ARR grew to $6.55 billion, and Document Cloud ARR grew to $921 million.
  • Digital Experience segment revenue was $784 million, representing 34 percent year-over-year growth.
  • GAAP operating income in the second quarter was $750 million, and non-GAAP operating income was $1.05 billion. GAAP net income was $633 million, and non-GAAP net income was $901 million.
  • Cash flow from operations was $1.11 billion.
  • Remaining Performance Obligation was $8.37 billion.
  • Adobe repurchased approximately 2.5 million shares during the quarter.
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Next Canon Gear To Be Announced (PowerShot G7 X Mark III, RF 24-240mm F4-6.3 IS USM, EOS RP kit)

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Canon is set to announce new gear soon.

According to Nokishita, this is what we can expect in the near future:

  • The Canon PowerSHot G7 X Mark III
  • Canon RF 24-240mm f4-6.3 IS USM lens (EOS R mirrorless system)
  • Canon EW-78F lens hood
  • A new Canon EOS RP kit with the Canon RF 24-240mm f4-6.3 IS USM lens

The PowerShot G7 X Mark III already leaked through certification authorities, images also have already leaked.

I’m glad to see that Canon will soon release an affordable zoom for their EOS R mirrorless system. That will for sure be very appreciated by users.

Canon Announces New 120MP High Resolution and 2,7MP High Sensitivity Sensors

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More Canon sensor announcements. These sensors are highly specialised devices, not to be featured in you standard DSLR.

Press release:

Canon U.S.A. Announces New 120 MP Ultra-High Resolution and 2.7 MP Ultra-High Sensitivity CMOS Sensors

MELVILLE, NY, June 20, 2019 – As image sensors are a driving force in innovating industries, Canon U.S.A., Inc., a leader in digital imaging solutions, is pleased to announce two new CMOS (complementary metal-oxide semiconductors) sensor products, the ultra-high resolution 120MXSI and ultra-high sensitivity 35MMFHDXSMA. These sensors help expand the company’s lineup of industrial vision products, and offer integrators and end users additional capabilities when developing solutions in a variety of applications1.

“As a result of Canon’s success in developing and manufacturing advanced CMOS sensors for our own purposes, we expanded to create a business platform offering select sensor capabilities for use in industrial vision applications,” said Kazuto Ogawa, president and chief operating officer, Canon U.S.A., Inc. “These two new CMOS sensors reflect Canon’s dedication to this new business, and reinforce our commitment to developing high-quality imaging solutions.” 

120MXSI

The 120MXSI sensor is built with the ability to produce clear, high-quality images, making it a great fit for integrators and end users developing applications such as machine vision, security, robotics, precision agriculture and healthcare. This 120-megapixel sensor is capable of simultaneous and discrete image capture in both the visible and near-infrared spectrums2 at a maximum frame rate of 9.4 frames per second. 

35MMFHDXSMA

The 35MMFHDXSMA sensor is capable of capturing monochrome imagery in extreme low-light environments where subjects would be near impossible to recognize with the naked eye. Removal of the color filter array doubles the sensitivity of the previously announced 35MMFHDXSCA sensor, providing even greater low-light capabilities. This sensor can meet a wide range of ultra-high-sensitivity needs when used as a component to support a multitude of applications developed by integrators and end users, including astrological observation, natural disaster monitoring, security and object detection, molecular and cell biology, and industrial vision. 

The 120MXSI and 35MMFHDXSMA CMOS sensors will be showcased in the Canon Booth #1611 at the Sensors Expo & Conference, which, according to its organizer, is the industry’s largest event dedicated to sensors, connectivity and IoT, taking place from June 26-27, 2019 at the San Jose McEnergy Convention Center in San Jose, California.

For more information on Canon sensors, please visit canon-cmos-sensors.com.

Canon Develops A New CMOS Sensor With High Dynamic Range and Able To Shoot Images In Harsh Settings

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Canon press release:

Canon Announces Development of New CMOS Sensor with High Dynamic Range and Ability to Capture Images Under Harsh Conditions

MELVILLE, NY, June 20, 2019 – The high demands of complex lighting and harsh environments require sensors capable of delivering high-dynamic range (HDR) and high-image quality in adverse temperature conditions. To answer this application need, Canon U.S.A. Inc., a leader in digital imaging solutions, is pleased to announce that its parent company Canon Inc. is pursuing development of the 3U3MRXSAAC, a 2.8-megapixel, 1/2.32-inch CMOS sensor ideal for HDR imaging.

“As Canon evolves in the sensor market, we are dedicated to utilizing our expertise to develop products built to meet current growing market trends,” said Kazuto Ogawa, president and chief operating officer, Canon U.S.A., Inc. “The 3U3MRXSAAC CMOS sensor under development reflects the continuation of our business strategy that leverages the high-quality imaging technology Canon is able to achieve.”

The 3U3MRXSAAC CMOS sensor being developed will be equipped with an HDR drive function that can achieve a wide range of 120 dB at low noise levels. This HDR function will reflect a greater ability to extract usable information even when there is a substantial difference between the lightest and darkest parts of an image. Even during normal drive operation, the sensor can achieve a dynamic range of 75 dB—greater than the sensors on many conventional digital cameras. 

Additionally, the 3U3MRXSAAC CMOS sensor will also be capable of operating in environments with extreme temperatures ranging from -40 degrees Celsius to 105 degrees Celsius. Typically, in high-temperature conditions, the increase in dark current noise (noise that occurs due to heat, even when no light reaches the sensor) can affect the quality of the image. However, the 3U3MRXSAAC CMOS sensor will be equipped with functionality that helps correct black levels (the luminance level of the darkest portion of an image) in real-time to help maintain high image quality. 

With a diagonal size of 1/2.32 inches (7.75 mm), the 3U3MRXSAAC CMOS sensor will feature approximately 2.8 million effective pixels (1936 x 1456), a pixel size of 3.2 μm x 3.2 μm and a frame rate of up to 60 fps (30 fps during HDR drive operation). The sensor will be compatible with the MIPI CSI-2 interface used by consumer-oriented cameras for a wide variety of purposes.

For more information on Canon sensors, please visit canon-cmos-sensors.com.

Canon Patent For 400mm F2.8, 500mm F4 and 600mm F4 Lenses For EOS R Mirrorless System

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Hi Lows Note spotted a Canon patent application (2019-95525, Japan) which describes optical formulas for telephoto lenses for the Canon EOS R full frame mirrorless system.

The optical formulas are for 400mm f2.8, 500mm f4 and 600mm f4 lenses.

Focal length: 392mm
FNo.: 2.90
2ω: 3.16
Image height: 21.64 mm
Lens length: 360.03 mm
Back focus: 31.01 mm

Focal length: 490mm
FNo.: 4.12
2ω: 2.54
Image height: 21.64 mm
Lens length: 412.08 mm
Back focus: 33.39 mm

Focal length: 588mm
FNo.: 4.12
2ω: 2.11
Image height: 21.64 mm
Lens length: 476.08 mm
Back focus: 33.21 mm

More Canon patent applications are listed here. Some particularly interesting patent applications we think might get into production are these: