You can. The icon in the toolbar is a big T.
Adobe photoshop is a powerful image editing suite that lets yoou do all sorts of crazy things with photographs including tweaking colour, adding effects, adding text and many many more.
Wrap option in Photoshop allow you to distort pixel based and vector objects. This option is mainly present in Photoshop for curvature distortions of pixels, text or vector shapes.
This can be down to a number of faults, it's worth troubleshooting on a Photoshop forum, grey text usually means that the button is not accessible to use. Troubleshooting online is the best option. Hope this helps :)
Go to Edit > Preferences > Interface then look at UI Text Options
By default text is vector object and always on Type layer which you can recognize from letter T on thumbnail in Layers panel.
Edit > Preferences > Interface look at UI Text Options section.
The text can be deleted if you have a .psd file with layers intact, simply delete or turn off the type layer. If the file is flattened use the clone tool and cover the type with whatever is behind the text.
Adobe Photoshop is a photo editing program. You can do numerous things from adjusting color to correcting facial blemishes to adding text. Photoshop is one of the best photo editing programs available, and is used by many magazine companies as well as businesses wanting to create a professional advertisement. It's such a magnificent program, it's no wonder it costs a thousand dollars.
There are a number of websites where one can find a Photoshop text tutorial including Smashing Magazine, Hongkiat, Web Design, Photoshop Essentials and Photoshop Lady.
Photoshop has ties with other Adobe software for media editing, animation, and authoring. The .PSD (Photoshop Document), Photoshop's native format, stores an image with support for most imaging options available in Photoshop. These include layers with masks, color spaces, ICC profiles, transparency, text, alpha channels and spot colors, clipping paths, and duotone settings. This is in contrast to many other file formats (e.g. .EPS or .GIF) that restrict content to provide streamlined, predictable functionality.
IT can be made in to a PDF and then opened using PS. However, the file opens as though its a picture. You can edit the text if required. However, PS is not a text editor and in reality you should crate the text in a ADOBE compatible format and add graphics if required having created or edited them in PS
You can color correct images, add beautiful frames, bubbles, text, coorect your photos from Facebook and Flickr, send albums to friends, manage albums upload photos...