Adobe's (ADBE) anticipated Creative Cloud service, a web-based version of its flagship Creative...

|About: Adobe Systems Incorporated (ADBE)|By:, SA News Editor

Adobe's (ADBE) anticipated Creative Cloud service, a web-based version of its flagship Creative Suite, will arrive later in the first half and sell for $50/month, according to the Verge. Its launch will occur in tandem with that of Creative Suite 6. Adobe is hoping Creative Cloud will provide a lift to its flagging revenue growth, the result of slowing media industry purchases and competition from cheaper alternatives.