QBES GROWTH ACCELERATES

Even as Intuit reported that unit sales of consumer versions of QuickBooks for the year ended July 31 dropped below fiscal 2008 levels, sales of QuickBooks Enterprise Solutions have accelerated. For fiscal 2010, there were 45,000 active QBES users, up 21.6 percent from 37,000 for fiscal 2009 and the latter figure was up 12 percent from 33,000 in fiscal 2008. Since active users are those on maintenance unless Intuit had a banner year in selling maintenance, then unit sales took off. Read more...

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