they are clearly only wanting to keep the top revenue items." "It is clear that this has nothing to do with which segment classes of products they are keeping vs. " clear that Intuit is divesting itself of the lowest revenue items, no matter how they spin it," wrote "smayer97" on the same thread. Others questioned Smith's explanation, saying that Intuit is simply ditching its weakest money makers to make its balance sheet look better.
"I expect Quicken to be dead in two years at best," predicted someone identified as "rickbee9," in one of several comments on the Quicken discussion forum thread about the proposed sale. We value our loyal Quicken customers and we're seeking a buyer who will provide the product support and the service they deserve." "Our strategy is focused on building ecosystems and platforms in the cloud. "As you know, Quicken is a desktop-centric business and it doesn't strengthen the small business or tax ecosystems," said Intuit CEO Brad Smith in a conference call with Wall Street Thursday.
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