Last but not least, Adobe stated that Photoshop Elements 2023 and Premiere Elements 2023 benefit from M1 compatibility performance improvements. Adobe says that Photoshop Elements is now up to 45% quicker on M1 Macs, while Premiere Elements is roughly 70% faster.
Photoshop Elements 2023 and Premiere Elements 2023 are available for purchase for $99.99 separately or combined for $149.99.