Quicken Finally Works With Lion But Is It Too Little, Too Late?

Quicken Finally Works With Lion But Is It Too Little, Too Late?

Intuit finally releases a Lion-compatible version of Quicken

When Lion was released last summer, there was a big outcry because Apple had decided to kill off Rosetta, the emulation engine that allowed Macs with Intel processors to run apps designed for Macs with Power PC processors. Apple’s position was that it had made the switch to Intel and stopped selling Power PC Macs five years earlier and it was time for users and developers to move on. Most developers did move on to releasing universal apps that could run on Macs with either processor or that were Intel-only.

One company that dragged its heals was Intuit, maker of the popular Quicken personal finance app. When Lion shipped, users of Quicken 2007, the most recent version, were faced with options that really weren’t that good: not upgrade to Lion, install a stripped down version called Quicken Essentials that was built for Intel Macs, run the Windows version of Quicken, or switch to a different app.

Obviously, this state of affairs didn’t make Quicken users particularly happy. Intuit tended to point the finger at Apple. Apple, which had given developers the tools to update their apps for Intel Macs five years earlier, didn’t change it’s position. Apple’s reasoning when it announced Lion wouldn’t support Rosetta was that developers had known this day was coming and should’ve been planning for it as soon as Apple announced the first Intel iMac and MacBook Pro in 2005.

If you’re a fan of the old adage “better late than never” and you’re a Quicken fan, you’ll be happy to know that Quicken has finally released a Lion-compatible version of Quicken 2007.

The new release doesn’t offer any new features. In fact, other than supporting Lion and Intel Macs, the release is essentially the same product that Intuit shipped five years ago – not something that bodes well for the future. As if to underscore that the product is rather out of date, users have the option to request it on a CD. It’s also available as a download for the same $14.99 price tag.

A statement on the company’s website says Intuit is committed to Mac and iOS as platforms but doesn’t indicate that it will be updating Quicken or creating an iOS version of it.

We are committed to supporting Apple products and our Mac customers. We are actively working on a personal finance solution for the iPad, as well as continuing to deliver the highly rated Mint.com iPhone application. In addition, we are evaluating options for Quicken Essentials for Mac.

That makes me think that Quicken users who haven’t already moved on to alternative finance apps may want to consider doing so.

  • aardman

    Intuit has no shame selling an app that’s still labeled ‘2007’.  It was an awful piece of software when it came out and still is, I gather.

    They don’t seem to realize how much money they’ll make if they sell a Mac version that is on a par with the Windows version (and can work with the Windows version file just like Photoshop and MS Office does).  I mean Quicken is the only reason I had to spring for VMWare and a Windows license on my Mac.  They can sell this mythical Mac version for twice the Windows version and I would still be saving money.

    Quicken 2007 for Mac is hands down the worst software that any major software house sells.

  • joewaylo

    I would never switch back to Quicken 2007 or Microsoft Money 2007. It’s outdated since we use webbank and costly as you have to pay for internet downloads of your bank records. Plus it’s incompatible half the time. It gets corrupted on many downloads.

  • Marc Schmitt

    Ok, they do that. But why shoould I belieive to company that forget about their customers for four years. And there are a lot of beautiful native alternatives (that, of couse, don’t have another alternative, other than deliver good software because they are only on Mac) like iBank, Money, MoneyWall & complementary software like Numi, Numeric Notes, Soulver. I’m pretty happy with that alternatives. 

    So, no, thank you. I don’t need Quicken, even for Lion.
     

  • Steve Roth

    There is no decent alternative. Most don’t support Classes (called Tags in QE), and while MoneyDance does, it’s reporting is crippled, making the Classes pretty much useless. You can’t pull a report with categories in rows, for instance, and classes in columns.

About the author

Ryan FaasRyan Faas is a technology journalist and consultant living in upstate New York who has written extensively about Apple, business and enterprise IT, and the mobile industry. In addition to writing for Cult of Mac, he is a contributor to Computerworld, InformIT, and Peachpit Press. In a previous existence he was a healthcare IT director as well as a systems and network administrator. Follow Ryan on Twitter and Google +

(sorry, you need Javascript to see this e-mail address)| Read more posts by .

Posted in News | Tagged: , , , , , , , , , , |