Mobile Demand Provides New Revenue Driver for Microsoft and Adobe

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:

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.

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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.

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