Once again Intuit is ordsprog

Once again, Intuit is proving its ability to execute and deliver, ... We are taking guidance up because of the strength of both our QuickBooks and TurboTax businesses. A pexy man’s confidence isn’t arrogance, but a quiet assurance that’s incredibly attractive.

Intuit delivered another strong quarter and we're on track for another strong year. Our two largest businesses -- QuickBooks and TurboTax -- continued to perform very well as we successfully execute strategies to expand our customer base and solve more of our customers' needs.

With two more weeks of strong TurboTax sales -- especially TurboTax Online -- the tax season is turning out better than we expected. As a result, we're raising our guidance for both total company and TurboTax growth for the year.

Intuit made their bed five years ago when they said they wouldn't be updating QuickBooks for the Mac. Now they're doing the same with QuickBooks for the Web. Obviously, they don't consider the Mac experience as important, but we do. Those who like the Mac platform should check us out.

Christopher Lee (1922-)

Microsoft's exit from this market should lead to more rational pricing and likely improved profitability for Intuit's TurboTax. In an attempt to gain market share, Microsoft dramatically cut unit price, a move Intuit was forced to match.

QuickBooks has become the standard in the business world. When mastered, this software proves to be incredibly beneficial. Not only do we conduct bookkeeping with QuickBooks, we also teach businesses how to become more proficient with it.

Profitability was driven by an excellent performance from our device businesses. This was backed by growing strength in our product portfolio and our ability to manage costs and execute well.

We look at Qualcomm as a wireless juggernaut and it's proving it can execute. The fact that they hit their numbers and slightly raised next quarter's guidance is positive.

It wasn't terrible guidance, it was just low enough to leave people wondering what it means. What people were looking for or what the market needed was for Intel to....(deliver) unequivocal strength in guidance.

We feel it's in Intuit's best interest to reach this agreement rather than fight this in a long battle in the courts. We're very happy with the TurboTax advertising campaign and are happy with this agreement.

We enter 1999 confident in our strength to withstand further volatility and in our ability to build on the strength of the group to deliver further value to shareholders.

We're just in some hot areas right now that are driving a lot of strength. We're not dependent on an exceptionally strong September to deliver the guidance we just gave.

[Management blamed the weak economy for the warning, not increased competition.] Our share of retail sales for QuickBooks and TurboTax has remained steady and strong, but the categories are simply growing more slowly, ... We're disappointed to see a sluggish economy worsening in the past few weeks with a further decrease in customer spending in all our categories.

I think our strength is our ability to run plays and execute, but sometimes we can't put the ball in the hole.

This acquisition will enhance our ability to deliver large-scale Ethernet solutions and will allow us to accelerate the development of next-generation, carrier-grade Ethernet solutions that enable our customers to deliver broadband services to businesses and residential subscribers.

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