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Intuit Inc. Message Board

  • 1guatemala 1guatemala Feb 11, 2010 6:39 PM Flag

    The REAL value of Intuit isn't tax software or Quickbooks

    The real value in Intuit is what they sort of stumbled upon....the cloud. Intuit is one of the premier players in the "cloud" technologies. They had the "cloud" before there was even a forecast of rain and the skies were bright blue.

    The real value of Intuit is Quickbase, and the Intuit Partner Platform. In fact, I suspect their tax software and quickbooks to be spun off in the near future, because they aren't in Intuit's future.

    This company has drug its feet for too long with its powerful cloud products that have been overshadowed by their early 90's tax and accounting software. Intuit will be the next Amazon....SaaS model is finally taking hold, and its the present and future, and Intuit's at the front of the line.

    I don't own this stock , but I've got to guess that its going to skyrocket very soon....once people get past the idead that this is a tax and accounting software company....which it isn't anymore.

    ....when you have Google using Intuit's product for internal compliance issues (Sarbanes Oxley), you know you've got something special. The deal made no sense to me except the fact that Mint was gaining market the future, there will be hundreds of Mint type SaaS solutions all based on Intuit's IPP.

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