QUICKEN 98 FOR MAC SOFTWARE
and Global Village Inc.īut the company's largest software supporter, Microsoft Corp. Sagging Mac program sales also hurt financial results this year at Macromedia Inc. Now 41 percent of the company's application sales come from Mac products, versus 56 percent in the first quarter of 1997. ( ADBE) said first-quarter Mac revenue was down 36 percent, while Windows sales jumped 18 percent over the first quarter of 1997. Publishing software developer Adobe Systems Inc. Intuit is not the only Macintosh developer reporting disappointing sales. By contrast, 1.5 million units of Quicken for Windows 95 were sold. That number had fallen to 133,160 last year. Ironically, Apple board member William Campbell is chief executive officer of Intuit.Īccording to market researcher PC Data, Intuit sold 209,103 copies of Quicken for the Macintosh in 1995. The company will continue to develop MacInTax. Intuit said it will continue to sell Quicken 98 "for as long as Mac customers demand it," according to the company. Intuit also held open the possibility that a new Quicken product could be forthcoming if Apple can grow its Macintosh installed base again. However, for the interim, no special content will be made available for Macintosh users, he said. He said also that Intuit is in discussions with Apple on efforts to develop Macintosh-specific content for visitors to. That's not it at all," said Steve Grey, Intuit's product manager for Quicken products. "Unfortunately, most people have viewed this as us getting out of the Quicken business for the Mac.
QUICKEN 98 FOR MAC UPDATE
Intuit ( INTU), of Mountain View, Calif., said three years of declining sales in the Mac version left it with little choice but to not update the program this fall.īut Intuit also announced that it has assigned its Mac engineers to develop expanded personal finance capabilities on the Internet, which can be accessed by Mac users with Quicken 98. However, he added, the decision, while a public relations nightmare, should not hurt Apple's ( AAPL) growth in its core publishing and education markets.Ĭan the Mac family afford to lose Quicken? Add your comments to the bottom of this page. "This is a definite setback" for Apple's plans to expand its consumer push this Christmas season, said James Staten, an analyst at Dataquest, a San Jose, Calif., market researcher. "If Apple drops prices and goes after the consumer market, not having a fresh product from Intuit really hurts them," said Tim Bajarin, president of Creative Strategies in San Jose, Calif. Quicken, the top-selling personal finance application, is a mainstay product for home computer users.
Apple Computer Inc.'s efforts to convince consumers to keep the faith may have suffered a severe blow with Intuit Inc.'s decision to discontinue Quicken for the Macintosh.
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