Forbes on Intuit

Forbes Magazine recently ran a profile on Intuit. Some surprising bullets from the article:

- $4B in Revenue, $17B in Valuation, 8000 Employees

- QuickBooks and TurboTax have 90% of their respective markets

- Still a priority to replace packaged software with cloud apps. 45 million out of 60 million customers have converted, up from 10 million in 2008.

- Intuit offers 55 different mobile apps

- Aaron Patzer (Mint Founder) has apparently removed his foot from his mouth and is still involved with product design. The article skipped over the Quicken fiasco.

Complete article here:

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Reply to
Robert Neville
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Hi, Robert.

Thanks for the link. Interesting article.

The most significant part for us Quicken users is that all of us put together are not a significant blip on Intuit's radar. :>( Those bullets you quoted make that pretty clear.

RC

-- R. C. White, CPA San Marcos, TX (Retired. No longer licensed to practice public accounting.) snipped-for-privacy@grandecom.net Microsoft Windows MVP (2002-2010) (Using Quicken 2012 Deluxe R 5 and Windows Live Mail in Win7 x64)

Forbes Magazine recently ran a profile on Intuit. Some surprising bullets from the article:

- $4B in Revenue, $17B in Valuation, 8000 Employees

- QuickBooks and TurboTax have 90% of their respective markets

- Still a priority to replace packaged software with cloud apps. 45 million out of 60 million customers have converted, up from 10 million in 2008.

- Intuit offers 55 different mobile apps

- Aaron Patzer (Mint Founder) has apparently removed his foot from his mouth and is still involved with product design. The article skipped over the Quicken fiasco.

Complete article here:

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Reply to
R. C. White

Unfortunately, that's a true statement. We're funding all those experimental new products. Well, Quicken is a mature product and as long as they keep it functional on the latest Win OS, I'll be happy.

Reply to
Robert Neville

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