ONLINE GROWTH OUTSTRIPS QB DESKTOP

Brad Smithsales improved for Intuit's first quarter ended October 30, but that came as online subscriptions grew by 45.6 while the number of desktop units sold dropped by 20.3 percent.  Intuit sold 217,000 QuickBook Online Subscriptions for the quarter just ended, compared to 149,000 a year earlier. Meanwhile, desktop unit sales dropped to 281,000 from 353,000. Read more...

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