I want an effect where in I have a globe and I want to put a text ring around the globe.
Similar to the rings in a planet but in place of the ring, there would be text that gives effect of a ring. Can I do this in photoshop or illustrator. I tried to google for tutorials that do this, but wasnt able to find any. Can anybody help me out with this as I am new to both. I want kind of a 3D effect, so that it seems the text is going behind and coming out of the globe..
Using the tools in Photoshop CS3 requires you to find and learn a 3D program to get the effect you're looking for, but you CAN get there with Illustrator CS3.
I did a couple of tests, and was about to launch into a full-blown tutorial, but I recalled seeing Bert Monroy doing something of the sort, and found the video on Revision3.com. Most of it's not totally relevant to your problem, but it's all useful stuff, and you'll need the info for what follows:
Set your text and convert it to a Symbol.
Create either a squat cylinder from a circle (using Effects > 3D > Extrude&Bevel) or a ring, by drawing a short vertical stroke and using Effects > 3D > Revolve, with an Offset of 200 pt (or whatever gives you a good size ring). Bert uses a cylinder, but we're going in a slightly different direction here.
In either case, play with the perspective and angle until you have the illusion of distance that you're looking for. Here are the settings I used for the Revolve version, so you can see the angles, perspective, etc.:
It doesn't much matter if you have a cylinder or a ring, just so you have a circular wall to put the text on.
Here's what mine looked like before turning on the "Invisible Geometry" checkbox:
Save the AI file and bring it into Photoshop as a Smart Object.
Style and mask to taste. My quick-and-dirty test image is here:
This isn't a fancy demonstration, due to time constraints, and it's certainly not the only way to do this, but it should give you some ideas.