NEW YORK, NY -- (MARKET WIRE) -- Apr 22, 2011 -- The Application Software industry has been placing huge emphasis on mobile devices such as smart phones and tablet PCs. The growing popularity of such devices has created a huge market for companies, however, their rapid release and high technical demands have made it difficult for some companies in the sector to keep up. The Bedford Report examines the outlook for companies in the Application Software Industry and provides research reports on Microsoft Corporation (NASDAQ: MSFT) and Adobe Systems, Inc. (NASDAQ: ADBE). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-MSFT

www.bedfordreport.com/2011-04-ADBE

Yesterday Nokia and Microsoft announced significant progress on the development of the first Nokia products incorporating Windows Phone. The agreement between the two companies will make Windows Phone 7 the primary operating system for Nokia's smartphones, giving Microsoft a big boost in the competition against Apple's iPhone and Google's Android operating system. The companies expect large numbers of Nokia Windows Phones to start selling in 2012.

The Bedford Report releases regular market updates on the Application Software Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Adobe is also making a push into the smartphone and tablet market. By the end of 2011, over 131 million smartphones are expected to have Flash Player installed. Meanwhile, the company's latest Photoshop Touch Software Development Kit enables developers to build tablet applications so that Google Android, RIM PlayBook, and Apple iOS devices can interact with Photoshop.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.bedfordreport.com/disclaimer.

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