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Adobe Systems, Salesforce.com, and Autodesk May See Revenues Hurt from Japan’s Debacle

According to Walter Pritchard of Citigroup he has reported that 7-8% of software revenues come out of Japan. Adobe Systems, ADBE,  might be the most affected with 10-15% of their revenues coming out of Japan in any given quarter. Salesforce.com, CRM,  and Autodesk, ADSK,  may also be hurt.

as reported on Bloomberg TV

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Yen Hits 15 Year High Against the Dollar

Analyst recommending a short on the Yen a few days ago and to go long the dollar. A stop was recommended between 78-80. Now that the Yen has hit 80, a 15 year high, perhaps shortly in twill be time to put on this trade.

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