It looks like within the next 5-10 years, Adobe will have completely transitioned all of their desktop applications to an Internet-based subscription model. Via Reuters:
Adobe Systems Inc. is working to deliver all of its software via the Web as a service rather than a packaged product, but the transition to earn money from subscriptions or advertising could take a decade.
Adobe, a leading maker of graphic and Web design software, earns most of its money through the sales of packaged software that runs locally on a computer's hard drive but it has started offering some of its applications online as service.
Speaking at the Web 2.0 Summit in San Francisco, Adobe Chief Executive Bruce Chizen said running software on the desktop is still optimal for most of its customers, but that will change over time.
This is going to be interesting but I'd like to see how they're going to offer a full-blown Photoshop experience (not a trimmed down version) via the Internet.
Full article here