120 is for businesses. For individual developers its way cheaper: € 59.00 /1st year, € 47.00 /2nd year, € 35.00 /3rd yr onwards. And you can cancel your subscription if you are OK with 1 year old version that you will fallback to.
My complaint was not so much about the amount, but rather for the yearly subscription.
I really don't like this trend of software as subscription.
If it was $120 for buying a license I would probably consider it. But $120 for 1 year use is rather high in my book.
In fact, you are paying $120 for a license and then getting a year's worth of free upgrades. After your subscription ends, you're still allowed to use that version.
With $120+ per year subscription I am surprised people use it.