Autodesk is upping the ante with financial analysts by projecting its fiscal year 2005 will boast revenues between US$1,050 million and $1,070 million -- crossing the psychologically important $1 billion mark.
Autodesk had hoped to reach that threshold in FY2003, but the downturn in the economy meant a downturn in revenue to $0.824 billion.
In its press release, Autodesk continues to harp on the 3D-has-been-a-marketing-failure theme: "With 6 million users, Autodesk solutions are the worldwide design standard, yet only a fraction of those users have migrated to 3-D. The higher selling price of 3-D products presents a significant growth opportunity for the company."
Translation: All you 2D users out there in AutoCAD land are expected to contribute toward Autodesk's attaining membership in the Billion-Dollar Club.