With years of data in the company's proprietary format - and few alternatives - they not only feel trapped but also regularly rail about the product. In many ways, Quicken is software that users love to hate. "Quicken is 32 years old, and to a developer that usually means code that is really hard to maintain, and that certainly shows." "I love how is telling you that he can pick a buyer in a way that they will do everything they didn't do," said "QuicknPerlWiz". "We intend to run a crisp process, focused on engaging with strong and reputable buyers." "We are seeking a buyer that recognizes the value of the brand, respects the customers and will invest in upgrading the product and support experience," said Intuit. In a FAQ about the Quicken sale, Intuit asserted that it would find the right home for the personal finance software. One indicator of the soon-to-be-sold units' worth in investors' eyes is that not one Wall Street analyst asked a question yesterday about their proposed sale. For the last 12 months, Quicken contributed just $51 million to the company's total revenue of nearly $4.2 billion. The three units Intuit plans to sell - Quicken, QuickBase and Demandforce - accounted for less than 6% of the firm's fiscal 2015 revenue, and just 2% of its net income during the same period. they are clearly only wanting to keep the top revenue items." "It is clear that this has nothing to do with which segment classes of products they are keeping vs. " clear that Intuit is divesting itself of the lowest revenue items, no matter how they spin it," wrote "smayer97" on the same thread. Others questioned Smith's explanation, saying that Intuit is simply ditching its weakest money makers to make its balance sheet look better. "I expect Quicken to be dead in two years at best," predicted someone identified as "rickbee9," in one of several comments on the Quicken discussion forum thread about the proposed sale. We value our loyal Quicken customers and we're seeking a buyer who will provide the product support and the service they deserve." "Our strategy is focused on building ecosystems and platforms in the cloud. "As you know, Quicken is a desktop-centric business and it doesn't strengthen the small business or tax ecosystems," said Intuit CEO Brad Smith in a conference call with Wall Street Thursday.
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