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Technology Stocks : Apple Inc.
AAPL 272.24+0.5%3:59 PM EST
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To: Scott Crumley who wrote (11818)4/19/1998 1:35:00 PM
From: Eric Yang  Read Replies (4) of 213177
 
Scott, I don't think that rumor of Intuit selling Quicken to Apple holds much water. Supporting one product on two different platforms while maintaining portability, and consistency can takes a lot of engineering effort...imagine doing that when the two products are being developed at different companies. What if the whole Quicken is sold to Apple? Not likely...What does Apple know about accounting software? It's not within their expertise.

As we've all heard, Intuit said that the sales of Quicken has been in decline, while that of MacinTax continues to grow. I think a major contributing factor is the prevalence of software piracy on the Mac platform. This is a tabooed subject that people don't talk much about but it is a serious problem on the Mac. Mac users as a group are pretty savvy users, and unfortunately that makes them a bit better at finding pirated software as well. That is not to say that software piracy isn't also a major problem on the PC side, but due to the much larger user base the problem doesn't "feel" as serious. The smaller market share of the Mac platform amplifies the cost of software piracy to software vendors.

Since the upgrade cycle for MacinTax is much shorter, the install bas of pirated copies are essentially wiped out every year.

I went out and got a copy of Quicken Deluxe 98 from CompUSA yesterday for $59.99. If I want Intuit to continue to support the Mac platform, I better be prepared to support Intuit as well.

Eric
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