2005 was another remarkable year for Adobe. We grew our business 18 percent, generated record profits, and for the third consecutive year, achieved record revenue for the fourth quarter and year.

We extended our considerable lead internationally and achieved a remarkable turnaround in our U.S. business,

At this point in the quarter, it is clear that the economic impact from events of the past two months is having an adverse effect on Adobe's business.

In the area of delivery, we will continue to work with partners to drive standards, standards that are XML-based, Adobe PDF, and others.

Solid execution drove another outstanding quarter of double-digit growth, ... These [third-quarter] results reflect the overall strength of our business which, when combined with our pending acquisition of Macromedia, will position us for even greater success in the future.

At this point in the quarter, it is clear that the economic impact from events of the past two months is having an adverse effect on Adobe's business,