ADSK Q1: Up 18%

Autodesk reports Q1 revenues of $599 million, up 18% from a year ago -- nearly half of the increase is thanks to the weak US$.

Revenue Projections

Q2 -- $600 - 610 million.
Q3 -- $605 - 620 million.
FY09 -- $2.45 - 2.50 billion

Autodesk Shipments

Inventor --11,500 commercial seats.
Revit, Civil 3D, Navisworks -- 24,000 seats.

LT continues to sell strongly: sales were up 28%; contrast that with AutoCAD up just 3%. It's so popular that Autodesk cranked up the price of LT 2009 by 33% to $1,200.

Comments

[Steve]

You couldn't believe it last time either.
Autodesk does not give away Inventor Seats. These seat counts are accurate otherwisw they would be in trouble from the SEC.
Maybe Devon should expand his use of CAD and contribute to the Inventor seat count

[Windreaper]

Explanations for AD figures:

Autodesk is known for just giving away a AutoCAD Mechanical seat if you buy Inventor Series - so: pay one, get one free. They do stuff like that all the time, because AD know one thing: The "new seats per year count" is an important signal factor for the shareholders, too. Last year PTC got it wrong by 10% and lost 40% or so in values in a single rush.

Also, AD bought out big competitors like Alias, adding the users to their user stock - and thus grew their potential new seats as well. Before that it was
3dsmax users - Maya users,
now its
3dsmax users + Maya users.

[Devon T. Sowell]

$2.5 billion a year, that's a chunk of change alright.

I still have trouble believing the seat counts; 11,000 seat of Inventor = 44,000 seats per year, 220,000 in 5 years? Again, as a SolidWorks Contractor for 10 years, I've yet to encounter even one Inventor user, I have over 28 clients.

Do people really pay $1,200.00 for a seat of AutoCAD LT? That's plum crazy! To draw 2D lines!?

Devon
http://www.3-ddesignsolutions.com