Intuit has announced that its popular finance application, Quicken, will be updated with Lion support in “early spring” of next year. The 2007 version of Quicken for Mac will be updated with Lion compatibility and Intuit promises that it will focus more on Mac development in the future.
Quicken for Mac doesn’t work on Lion because Apple discontinued support for Rosetta apps that are based on PowerPC architecture. The updated version of Quicken for Mac 2007 will finally run natively on Intel hardware.
MacRumors has the email that Intuit sent out to its Quicken customers today:
As you may know, Quicken for Mac 2007 does not currently work on Apple’s latest operating system, Mac OS X 10.7 (Lion). I understand the frustration this may have caused you and have put a team in place to address this issue. I am happy to announce that we will have a solution that makes Quicken 2007 for Mac “Lion-compatible” by early spring. There are still details to be worked out, so I ask your continued patience as we work through these.
There’s also a new FAQ on Lion compatibility for Quicken that customers can check out. Intuit notes that customers using the 2005, 2006 or 2007 versions of Quicken for Mac will simply be able to open their existing data files in the updated Lion version of Quicken next year. It looks like the failed Quicken Essentials for Mac app is being ignored altogether.
It’s taken forever for Intuit to update its Mac app, and the company isn’t even releasing a totally new version for Lion. Now would be the perfect opportunity for a completely redesigned Quicken app to show up in the Mac App Store, but Intuit is instead taking the easy and lazy way out.
While Quicken was great back in the day, there are now many more options out there for managing your personal finances. Jumsoft’s Money app is a perfect candidate, and Mint has also become popular (oddly enough, Intuit owns Mint, too).
Have you already given up on Quicken, or are you still holding out hope?
Alex Heath is a journalist who works for Tech Insider. He’s the former co-host of The CultCast. He has been quoted by the likes of the BBC, KRON 4 News, and books like “ICONIC: A Photographic Tribute to Apple Innovation.” He lives in Lexington, Kentucky. If you want to pitch a story, share a tip, or just get in touch, additional contact information is available on his personal site. Follow him on Twitter.
13 responses to “Quicken For Mac 2007 Headed To Lion In Early Spring Of 2012”
Have been a Quicken user since way back when all I knew how to use was Windoze. Actually, that is the primary reason that I run Parallels on my iMac today, just so I can run Quicken. My home finances are all set up in it, and I hate to redo everything. If/When Intuit comes out with a program for Mac that will do EVERYTHING that the PC version will do, I’ll be happy to switch.
Ditto!!
What kind of sense does this make? They want to support the 2007 version of Quicken to run on OS X Lion? Lets pause and think about this. If your able to afford a Mac that is able to run Lion shouldn’t you be able to afford an updated version of Quicken? I mean your OS is already up to date, why not update your Quicken? Plus by the time they make this computability update your ’07 Quicken will be yet another year older, is it really worth it to wait for this update as opposed to just buying the updated version? If you like holding on to older versions of programs why did you update your Mac to Lion? Oh you bought it with Lion already installed? Well then you should have enough to buy a newer copy of Quicken. This is like saying “Lets update the compatibility with Office 2007 for Mac to run on Lion” when we clearly have a 2011 version. I’m assuming these customers were over charged for the program in the first place so they are getting their money worth while waiting for an update. I dont use Quicken at all, I am a Mac user however so I felt I would put in my 2 cents. Thanks for your time.
[whoosh] Missed the point completely – exactly which newer version of Quicken do you want people to buy?
It’s called iBank! Don’t waste your time.
All they are doing is making a 5 year old product compatible with Lion…. They have abandoned the Mac…. even QEM is a poor excuse for a financial app….. They have how many versions for the PC since 2007?
I got the e-mail today and laughed: too little too late. I moved to Moneydance last year.
Duh. It’s nearly 2012 and they release Quicken 2007 for Mac. That doesn’t even pass the Giggle Test.
What a joke. I, like many, have switched to iBank and find it much better that Q by far. I don’t get it. Doesn’t the CEO stand on Apple’s board? Even if Q comes back, their obsolesce will kill them in the Apple world. They had the opportunity to make a good product and never did. Their whole product line is not Mac savvy.
The other thing is that Q users who have switched to Lion have already switched to another Lion compatible product. Why would then even think about going back to Q again and pay another $40 or more for the aggravation. Q screwed themselves. I hope they enjoyed it.
Thanks for your two cents. Unfortunately, they don’t make sense.
As a long-time Quicken for Windows user, I was fearful about moving to another product — given 15+ years of transactions (including investment accounts). I was keeping a Windows XP machine around just to run Quicken (Premier 2009). After one (more) Windows stability issue, I moved to iBank. It was fairly painless – all my transactions moved over. I like iBank – especially the customer support (real people, timely answers). I’m just disappointed that I didn’t move to iBank earlier. My Windows computer has found a new purpose – as a gravity monitor.
If intuit wants to be taken seriously, after debasing its own reputation by not authoring a Lion ready Quicken in a timely manner, and its often buggy releases in the past, then in order to attempt to win back lost Mac users, the next release of Mac Quicken should be compatible with, and have the same feature set as the current version of Quicken for Windows. Anything less would be unacceptable.
Didn’t upgrade to Lion, hoping Intuit would get a compatible version out. After decades of using the program Windows then Mac, I was very comfortable in the program. But too little, too late. Out of patience I went to I Bank last month. By-by, Intuit.