I ran across this issue today while installing Adobe Acrobat X on a Windows 7 64-bit PC.
I followed these steps taken from the link below – this KB applies to Acrobat 8 but also worked for the newer version, Acrobat X.
Windows 7 64-bit version
Manually extract the file “adobepdf.dll_64” from the data1.cab file before installing Acrobat. When the prompt appears, navigate to this file and select it.
I think you can right-click and save the target from the link above.
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Navigate to the folder that contains the setup.exe file for your Acrobat X installation.
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Locate the file “data1.cab” and open it – I used 7-zip because it is free – (you sometimes need a third-party compression utility, such as WinZip, to extract the file).
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Inside the content listings, locate the file “adobepdf.dll_64” and copy it to your desktop.Rename the filename from adobepdf.dll_64 to adobepdf.dll
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Browse to desktop and locate the file you just copiedI was not able to change the dropdown for type selection.
Note: If the file cannot be selected, change the file type drown down in the dialog box to “Files of All Types.” Or, rename the file to “adobepdf.dll” by removing “_64” from the end of the filename extension.
http://helpx.adobe.com/creative-suite/kb/error-file-adobepdf-dll-needed.html