No, not Autodesk getting it wrong, me getting it wrong. In recent posts, I supported my arguments against Autodesk’s move to all-rental software with faulty evidence. As pointed out to me by several commenters, I completely failed to take deferred revenue into account. I would like to sincerely thank those who pointed out my error.* Although I included a disclaimer about not being a financial analyst, I should have gone further and simply not ventured into areas I am ill-qualified to cover. I got it wrong. I therefore offer unreserved apologies to Autodesk and my readers.
I have done myself a bunch of graphs that I think paints a fairer picture of Autodesk’s position, but there’s a reasonable chance I’m wrong about that too so I won’t be publishing them. Instead, In a day or two, I will remove the content of the offending … Full post