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Exhibit 12.1


ADOBE SYSTEMS INCORPORATED
Consolidated Ratio of Earnings to Fixed Charges and
Consolidated Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

 
   Nine Months
Ended 		  Year Ended  
(in thousands, except ratios)
  August 28,
2009 		  November 28,
2008 		  November 30,
2007 		  December 1,
2006 		  December 2,
2005 		  December 3,
2004 		 

Earnings

                                      
 

Income before provision for income taxes

   $ 541,308   $ 1,078,508   $ 947,190   $ 679,727   $ 765,776   $ 608,645  
 

Add: Fixed charges

     21,660     41,108     28,026     22,487     18,153     16,696  
                           

Total earnings

   $ 562,968   $ 1,119,616   $ 975,216   $ 702,214   $ 783,929   $ 625,341  
                           

Fixed Charges(1)

  
$
21,660		  
$
41,108		  
$
28,026		  
$
22,487		  
$
18,153		  
$
16,696		  
                           

Ratio of earnings to fixed charges

    
26.0		    
27.2		    
34.8		    
31.2		    
43.2		    
37.5		  
                           
(1)
Fixed charges consist of interest expense, the amortization of debt issuance costs and an estimate of interest as a component of rental expense.

        Currently, we have no shares of preferred stock outstanding and we have not paid any dividends on preferred stock in the periods presented. Therefore, the ratios of earnings to combined fixed charges and preferred stock dividends are not different from the ratios of earnings to fixed charges.



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ADOBE SYSTEMS INCORPORATED Consolidated Ratio of Earnings to Fixed Charges and Consolidated Ratio of Earnings to Fixed Charges and Preferred Stock Dividends