In the fourth quarter of fiscal 2010, Adobe recorded revenue of $1.008 billion, a 33 percent increase from the $757.3 million it reported for the fourth quarter of fiscal 2009. It reported $990.3 million in the third quarter of this fiscal year.

Only a select few IT companies are able to generate over a billion in revenue for a given quarter. By way of comparison, Microsoft reported $12.92 billion in revenue of 2010.

Overall, for the the full fiscal 2010 year, Adobe reaped $3.8 billion in revenue, up 29 percent from fiscal 2009, which was approximately $2.9 billion.

Adobe president and CEO Shantanu Narayen attributed the revenue growth to the company's wide range of digital creation tools. "We are one of the most diversified software companies in the world and are entering 2011 with strong momentum," Narayen said in a statement.

The company reported GAAP (generally accepted accounting principles) net income was $268.9 million of the fiscal quarter, compared to a GAAP net loss of $32.0 million reported a year earlier.