But it's obviously doing really well and the trend continues to be that the number of subscribers added each quarter is rising. A few years ago, there were generally 2,000 to 3,000 added from quarter to quarter. For fiscal 2013 and 2014 to date, the number has jumped to 4,000 to 5,000 added in sequential quarters. Intuit also saw the number of subscribers for QuickBooks Online reach 561,000 for the most recently ended period, an increase of 30.4 percent from 430,000 a year earlier while the number of desktop subscribers rose 19 percent.. The number of desktop units sold was off by 9 percent. During the second-quarter financial webcast, CEO Brad Smith noted the company expects the number of desktop units sold to continue to decline as Intuit offers users incentives for migrating to the cloud version
QBES BASE JUMPS 20 PERCENT Featured
QuickBooks Enterprise Solutions keeps on ticking. The sort-of midmarket package from Intuit had 96,000 subscribers when the second quarter ended on January 31. That's an increase of 20 percent from 90,000 in last year's corresponding period. It's also up 5,000 – 5.5 percent—from 91,000 in the first quarter. Intuit does not give out any explanations for the growth when its quarterly results are issued since QBES is not material to results.
