Apple dream; or mightmare

Yesterday there were reports that Microsoft CEO Steve Ballmer and Adobe CEO Shantanu Narayen recently met for over an hour and covered a variety of topics, including Apple and its newfound dominance in the mobile market.

Today, that's turned into rumors that Microsoft might buy Adobe, and Adobe's stock has gone up 8%.

I can't decide if Microsoft acquiring Adobe would be bad or good for Apple (or Google.)

And what would this mean for the on-going Final Cut Pro vs. Premiere Pro CS5 skirmishing?

Business Insider: Microsoft Considers Buying Adobe To Fight Apple
Engadget: Microsoft and Adobe CEOs meet, purportedly plan world domination

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