Apple May Hate Adobe, But Profits Don’t In Latest Quarter

Apple may have denied Adobe Flash on their iPhone, iPad and iPod Touch devices, but it’s Adobe with the last laugh, announcing that they have just had their first ever quarter of a billion dollar quarter.

The company today released their financial statements which show $268.9 million in profit.

While that number is very impressive, especially in a down economy, Adobe provides no granular data to explain where their biggest profits are coming from. Essentially, profits for Flash are lumped in with the companies “Creative Solutions Group” which includes various other non-flash based applications.

One big win for Adobe over the last year? Google Android. Numbers should also remain steady into 2010 with the Air-based BlackBerry Playbook shipping in early 2011 and Android expected to pick up even more steam on Smartphones and various Tablet and other portable devices.

Is Flash a battery hog? Sure. Does it use consumer tracking that’s under investigation? Yep. But one thing is for certain, despite Steve Jobs’ best efforts, Adobe is chugging along nicely.