Photoshop CS5 will arrive as part of Adobe Creative Suite 5, the company's package of 14 productivity apps for visual designers, photographers and publishers. Creative Suite 5 will ship later this month (or possibly early May) according to Adobe.

Prices for the suite range between $1,300 and $2,600 depending on which package you buy, with upgrades priced between $500 and $1,500. Photoshop CS5 alone will cost $700, or $200 for an upgrade. Photoshop CS5 Extended, which has some additional tools, will cost $1,000, or $350 for an upgrade.