Wrong colour in Acrobat 11, and no updates available.

Question

Just got CC and had Acrobat 11 installed on my Mac. If I recall, version 10 on the Mac had a MAJOR bug (not on the PC, was fine) where it simply would not show proper colour and we had to go back to using version 8. It looks like the same bug exists in version 11 (or was never fixed). Basically, colours look dull and washed out. I save a PDF out of photoshop and check on "convert to destination" and pick my destination. It doesn't matter of I save it with my desired CMYK profile, or even in sRGB, when I open it in Acrobat 11 it has the exact same dull colour.
Now I see an announcement that there are updates for Acrobat 11, but the instruction to go to help-check for updates does not even exist in my Acrobat. I also saw that if I wanted to change the frequency of "check for updates" I go to preferences-categories and "updating frequency" (or something like that), but it does not exist either.
The colour issue is an absolute disaster, as who knows how many countless thousands (millions) of people rely on Acrobat PDF files for assessing colour and making corrections. Have people on Macs been using and evaluating bad colour in Acrobat since version 10?
my Mac runs OS 10.8.4,
Model Name:    Mac Pro
  Model Identifier:    MacPro5,1
  Processor Name:    Quad-Core Intel Xeon
  Processor Speed:    2.4 GHz
  Number of Processors:    2
  Total Number of Cores:    8
  L2 Cache (per Core):    256 KB
  L3 Cache (per Processor):    12 MB
  Memory:    14 GB
Video card is ATI Radeon HD 5770 on a colour-calibrated DELL U2711 monitor

Answer 1

hey peter,
this problem has an "old history"... just visit this threat:
Color issues in Mountain Lion with Acrobat Pro
the only solution for this problem at the moment is to use iccir/ColorFaker · GitHub
but it only works for OS X 10.x – 10.9. i just upgraded to 10.10 and had to see, that it doesn't work anymore under yosemity :-(
best,
ivo