Adobe Creative Cloud powers Adobe to another winning quarter when it reported earnings yesterday after the close.

Adobe beat earning for the 14th straight quarter.

Adobe made 94 cents per share, which was 7 cents higher than the projected figure of 87 cents per share.

It had $1.68 billion dollars in revenue, which was higher than the projected $1.65 billion in revenue.

There’s a transformation going on.

Companies are emphasizing and selling more digital downloads and becoming decreasingly dependent on physical products.

Digital downloads are more profitable for companies. Consumers prefer digital downloads because of the instant gratification – they don’t have to wait days for the physical product to arrive; they can use the product right away.

This paradigm shift is working for companies like Activision (ATVI), Electronic Arts (EA) and of course, Adobe (ADBE)

Thanks to the cloud, Adobe had another winning quarter.

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