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   Technology StocksIntuit -- What's Its Future?


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From: ProDeath4/25/2006 11:19:46 PM
   of 1544
 
Turbo Tax Macintosh?

This year I had what was undoubtedly the worst yet of an perennial series of problems with TT Windows. Installation problems, flakes, flaws - you name, this year was unbelievable, and I've used TT since it was a DOS product. Given the Windows machine was a freshly installed XP Pro with all updates and virtually nothing else installed on it, I've had more than enough to jettison Windows and TT completely. I will not pay $70 for a piece of software that causes me to spend hours over two days with tech support just to install.

I have said for some time now that the only reason I keep a Windows installation around is for TT, as other real work on my Intel boxes gets done with linux.

It occurred to me that I might have a final solution to the Windows question if TT is any good on the Mac, can anyone comment, especially on the newer Intel-based Macs?

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To: ProDeath who wrote (1530)9/8/2006 7:35:51 PM
From: ptlusa
   of 1544
 
I dont know why anyone would pay a premium for an intel mac. go get the real thing from Dell and save a bundle doesnt make much sense to pay for Apple branding imho.

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To: ptlusa who wrote (1531)9/9/2006 4:51:08 PM
From: Dinesh
   of 1544
 
can't comment on that, but I can surely share my recent experience with Intuit. The messageboard title is just too good to ignore.

So I used to have a quickbooks, and a turbo tax. Then, and sadly enough, I bought the latest Quicken. The moment I installed it, all hell breaks loose, and I can't use none of these products. of course it is very DISRUPTIVE. Not the positive disruptive kind.

So I call their help desk. It's aligned by products. The first person who answered said that the Quicken EULA says that we can't own this combination of Intuit products, so it's our own fault. No, he didn't offer any help in recovering. Nor did he tell us why Intuit opted to silently screw us and not just prominently warned us. What Terrific Fun!

Next help desk clerk told us we could own this products combo, but had to install them on separate disks or machines. She wanted to rush headlong into partitioning our hard disk. Next thing you know we'd have been calling Microsoft help desk (and the monkey would be off Intuit's back).

Third one put us on infinite hold. Probably trying to bring together experts from other product teams.

So far, I have installed Quicken on another PC, and in the process of backing up my old PC. Then I will reinstall Intuit's Quickbooks and TurboTax. Get my stuff.

And then! move on to better products. Never saw such helpless helpdesk, and such lame engineering team. Screw the customer before even the splash screen has faded away.

regards
-d

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To: ptlusa who wrote (1531)9/18/2006 12:39:59 AM
From: ProDeath
   of 1544
 
Easy. The operating system software is vastly superior to anything that Microsoft will ever trouble itself to produce.

It's funny you should mention Dell. Monday 9/11/2006 made we really happy thanks to a substantial short position that I had bolstered with some puts that were part of a long strangle. I had dumped the calls at about even money the week before, the puts were a triple on Monday. I also closed the short at a profit and am watching for another entry point on the short side as I expect Dell's share price to decline further in the coming months.

I've never been all that good at finding stocks at the beginning of a major growth surge. However, over the years I have been pretty good at finding short candidates and knowing when to get out of troubled stocks. Dell was on my hit list and still is. I've never much cared for their hardware either, but that's another story.

Best of luck in your endeavors, sorry I was so long in replying, I hadn't been by SI in a while.

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To: ProDeath who wrote (1533)9/26/2006 7:54:35 PM
From: pippen33
   of 1544
 
Schmandel

I also agree and believe that the software is more robust and superior then Microsoft. I think that of recent intuit is really developing products that will power the next decade. Not sure of the support though, they have an outsourced BPO company in India. Not thrilled with the level of support.

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From: Sr K9/14/2009 5:56:26 PM
   of 1544
 
Intuit Buys Personal Finance Upstart www.Mint.com for $170 million

nytimes.com

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From: Sr K8/20/2011 7:04:18 PM
   of 1544
 
Intuit Grows Annual Revenue 11 Percent, Operating Income 17 Percent

Expects 9 to 11 Percent Revenue Growth and Double-Digit EPS Growth in Fiscal 2012; Company Announces Cash Dividend

Press Release Source: Intuit Inc. On Thursday August 18, 2011, 4:00 pm EDT

.

Quarterly Dividend

Intuit’s board of directors approved a quarterly cash dividend. The cash dividend will be paid on Oct. 18 to shareholders of record as of the close of business on Oct. 10. The dividend will be $0.15 a share. Future declarations of dividends and the establishment of future record dates and payment dates are subject to the final determination of the board of directors.

Stock Repurchase Program

During the fourth quarter, Intuit repurchased $250 million of its shares, bringing total repurchases to nearly $1.4 billion for fiscal 2011.

With $640 million remaining on the current authorization, Intuit’s board of directors approved a new $2 billion stock repurchase program, authorized through August 2014. The three-year window provides the flexibility to maintain an active stock repurchase program while also investing for growth.

finance.yahoo.com

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From: Sr K5/14/2013 12:11:27 PM
   of 1544
 
Kabbage teams up with Intuit to expand its financing business

By Alistair Barr

SAN FRANCISCO | Tue May 14, 2013 8:29am EDT

May 14 (Reuters) - Kabbage, a start-up that specializes in financing for small online merchants, has teamed up with Intuit Inc to expand its service to bricks-and-mortar businesses.

Kabbage said on Tuesday it will use data from QuickBooks, Intuit's accounting software, to make quick decisions on whether to extend financing to businesses that use the software.

About four million retail, services and manufacturing businesses use QuickBooks, expanding Kabbage's potential reach. Until now, Kabbage has focused on financing for sellers on e-commerce marketplaces, such as those run by eBay Inc and Amazon.com Inc.

Kabbage is one of several companies that are using new sources of data from the Internet to underwrite differently than banks and other traditional lenders.

PayPal, the payment division of eBay, and Amazon have also begun lending money to merchants that sell on their marketplaces, using online data to underwrite the process. [ID: nL2N0CQ0TY]

Some banks already use QuickBooks data, along with lots of other information, to help them underwrite small business loans. However, Kabbage will be the first company to use only QuickBooks data to decide whether to extend financing.

For Intuit, teaming up with Kabbage makes its QuickBooks service more attractive to small businesses, by helping them get financing more easily.

"Small businesses have had a terrible time trying to get capital," said Richard Preece, a director at Intuit's QuickBooks unit. "If it's easier for QuickBooks users to get financing, that's a good thing."

Through the partnership, Kabbage gets access to information including cash flow, employee count, inventory levels and vendor payments, Preece noted.

"There are literally hundreds of data points and the combination of those over time allows Kabbage to start underwriting in a way that banks don't do today," he added.

Thomvest Ventures is a Kabbage investor. Thomvest Chairman Peter J. Thomson is a director of Thomson Reuters Corp, which owns the publisher of this report.

reuters.com/article/2013/05/14/kabbage-intuit-idUSL2N0DU2O720130514

reuters.com

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From: Sr K9/24/2013 5:34:04 PM
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9/24/2013

4:06PM Intuit and Square announce point of sale and accounting integration ( INTU) 65.96 -0.45 : Built on Ico's open platform, the integration will enable small businesses to more efficiently import their transactions from Square into QuickBooks helping them streamline their operations, save time and ensure accurate reporting. The offering will be available on November 19.

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From: Sr K1/10/2014 6:05:06 PM
   of 1544
 
30 Bookmarks

4 pages

A sting in Tampa in 2011 dismantled an operation involving $130 million in fake claims and laundered funds. Last summer, police near Miami responding to reports of a home invasion found more than 500 prepaid TurboTax ( INTU)-issued Visa ( V) cards, each loaded with thousands of dollars in fraudulent refunds. DIY electronic filing made easy by online tax preparation service TurboTax has been such a boon for crooks that Miami strip clubs popular with gang members have started catering to the tax-fraud set. Catlin says it’s not unheard of for this new breed of nouveau riche to burn through a brick of dollar bills in a single night. Last year, he says, one club was even advertising Turbo Thursday specials, in honor of TurboTax.

businessweek.com

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