What is Adobe Photoshop used for?

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Adobe Photoshop is a digital imaging program created by Adobe used in the creation of graphics and digital altering of photos. Adobe Photoshop, originally designed for professional photographers and designers, is used by professionals and novices alike to create graphics, color balance digital photos, crop and resize digital photos, change colors and special effects in graphics, as well as many more options.

References:

DooBDee: What is Photoshop?

Adobe: Adobe Photoshop CS5 Extended FAQ