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Intuit drops price for Quicken Essentials, promises updates

updated 11:55 am EDT, Fri April 23, 2010

Passwords, speadsheet export due soon

Hoping to spur more sales, Intuit is dropping the price of Quicken Essentials for Mac. When the financial software launched in February, it was initially priced at $70. The cost has now been lowered to $50, and Intuit says it is offering $20 refunds to anyone who bought the program before April 19th. The money must be claimed by the end of May.

Major updates have also been promised for the remainder of 2010. One due by the end of April will add support for password-protected files, and exporting transactions as spreadsheets. Later patches should introduce spending comparisons, multi-month budget tracking, exporting deductible expenses to tax programs and manually-entered investment holdings when analyzing net worth. Quicken Essentials requires an Intel Mac and 1GB of hard drive space.








by MacNN Staff

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  1. donmontalvo

    Joined: Dec 1969

    0

    It's about time...

    ...the fact that Quicken Essentials for Mac 2010 leverages core Mac OS X technologies is a good thing. That basic functionality (password protecting files, printing checks, etc.) is sorely missing is a bad thing. I hope the $20 refund isn't a hint that this will become the next Now Nighthawk. It's a great idea, just needs more active development.

    Don Montalvo, TX

  1. t0mat0

    Joined: Dec 1969

    -1

    International, update with more features already i

    Would be nice for them to bring UK into the loop - We don't have that much decent financial software, and since the redesign of Quicken Essentials for Mac - well, UK wasn't Essential in v1.

    as someone mentioned - it's like Mint 1.0 for OS X. It's Essential, but lacks bill paying.
    http://www.macworld.com/article/146729/2010/02/essentialsfirstlook.html


    But, having said all that, the chap leading QEM really did sound genuine in moving QEM forward. It was going to be stripped down in v1, but they offered more features, later. So it's getting later now.

  1. testudo

    Joined: Dec 1969

    +3

    Re: It's about time

    ...the fact that Quicken Essentials for Mac 2010 leverages core Mac OS X technologies is a good thing.

    What technologies are they leveraging? Is there a need for CoreAudio in the app? It's a freakin' finance app, not rocket science. The fact that it is lacking in so much capability kind of points to them not needing many OS X specific features.

    Oh, and charging the same price for an app as it's previous version, when it lacks so much of the capabilities of the previous version, is just ridiculous. Sure, Apple can get away with it, but Intuit is not Apple.

  1. testudo

    Joined: Dec 1969

    +3

    Oh

    Saw this on their web site:


    More financial institutions

    Using new technology, Quicken Essentials lets you download transactions from over 13,000 different financial institutions, up from about 4,000 in previous versions of Quicken.


    "New technology"? Is that the "We're not just letting the institutions pay us once for Mac or Windows capability, instead of charging for each separately, so you, the customer, can finally get access to all those institutions who refused to pay us double for the same functionality!"?

    Of course, I'm sure they also still have the "Magically, in three years time, all those download capabilities will cease to work as we found that just offering lame versions year after year, with no actual useful features being added, just wasn't getting the upgraders like we hoped." feature.

  1. jdsonice@gmail.com

    Joined: Dec 1969

    -2

    I don't trust Quicken

    I just don't trust Quicken because of all the passwords they want me to save in there so they can access my accounts. I have no idea if Quicken sends these to Intuit or what and if Intuit has access to my data.

    Also their software is full of ads asking you to upgrade to the next expensive useless version of the software. I paid for something I don't need to see ads.

    I just don't think that Intuit is a trustworthy company.

  1. testudo

    Joined: Dec 1969

    +3

    Re: I don't trust

    Well, every program asks for these, so if you don't trust Quicken, you don't trust any of them.

    And that's fine, just don't use that feature.

    (BTW, how exactly do you know that your browser isn't sending off your passwords to somewhere when you access data?)

  1. CapeJim

    Joined: Dec 1969

    0

    So...?

    Considering 1) Intuit's lackluster support for the Mac, and 2) that Quicken Essentials is (at least partly) web-based (I'm not comfortable with all my financial data being off my computer's drive),

    I think I'll pass - I am switching to another, Mac-based (rather than cloud...) and Mac-friendly company's program. Any other Mac financial software (okay, **almost** any other) would be preferable and better than Quicken (IMHO). Intuit's lukewarm support for the Mac leaves me feeling every bit as lukewarm about them.

  1. chirpy22

    Joined: Dec 1969

    0

    Re: I don't trust

    testudo said: (BTW, how exactly do you know that your browser isn't sending off your passwords to somewhere when you access data?)

    Try this
    http://www.obdev.at/products/littlesnitch/

  1. chirpy22

    Joined: Dec 1969

    0

    Actually...

    On Macupdate a few days ago you could download Quicken Essentials for free.

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