Lion-Compatible Quicken 2007 for Mac Promised in 'Early Spring'

Discussion in ' News Discussion' started by MacRumors, Dec 22, 2011.

  1. MacRumors macrumors bot


    Apr 12, 2001


    Intuit today sent out an email to its Quicken for Mac customers providing an update on the company's efforts to develop a version of Quicken 2007 compatible with OS X Lion. We noted earlier this year that Intuit was looking for a way to make Quicken 2007 compatible with Lion following Apple's discontinuation of Rosetta support for PowerPC-based applications like Quicken.

    According to today's email and a newly-posted FAQ, Intuit is now promising that a Lion-compatible version of Quicken 2007 will be available by "early spring".
    Intuit is also reassuring customers that it has increased the size of its Mac development team as part of a renewed effort to support the platform.

    Quicken 2007 was a popular personal financial management application for Mac, but instead of building upon the popular application Intuit elected to rebuild the application as a stripped-down Quicken Essentials for Mac. The new version was widely panned by reviewers for its considerable loss of functionality compared to Quicken 2007.

    Consequently, many Quicken owners continued use the 2007 version, but with Lion's dropping of support for the Rosetta framework needed to run Quicken 2007, users have had to decide between upgrading to Lion or abandoning Quicken 2007.

    With that dilemma in mind, many customers have already dropped their usage of Quicken and migrated to competing products such as iBank or (now owned by Intuit), although each solution offers a slightly different set of tools that may or may not be suitable for a given user's needs.

    Quicken is clearly hoping to win back some of those lost customers and keep others from defecting to competing products with a reinvestment in the Quicken for Mac platform, beginning with getting Quicken 2007 up and running on Lion machines. It remains to be seen, however, whether Intuit has moved quickly enough for many users.

    Article Link: Lion-Compatible Quicken 2007 for Mac Promised in 'Early Spring'
  2. theheadguy macrumors 65816

    Apr 26, 2005
    Somehow this still isn't exciting. This software has always been disappointing.
  3. sauria macrumors regular


    Jul 2, 2001
    Texas, USA
  4. imageWIS macrumors 65816

    Mar 17, 2009
    Are you kidding me? Win version is Quicken 2012... why would anyone want a 5 year old accounting program?!?
  5. MUrhino macrumors regular


    Jan 6, 2003
  6. sauria macrumors regular


    Jul 2, 2001
    Texas, USA
    Because it's been used since the 90's and has all the financial transactions that don't work in Quicken Essentials.
  7. kingtj macrumors 68020

    Oct 23, 2003
    Brunswick, MD
    This is stupid!!

    I've had several Windows users interested in moving to a Mac asking me about the ability to keep using Quicken when they switch. Each time, I've had to explain that, "Well, yeah... you can SORT of do it, but you're stuck with this Essentials product of theirs that doesn't do half the stuff your current Quicken for Windows does." Now what? I'm supposed to be able to "reassure" them by saying, "Hey, guess what? Intuit is going to make sure you can use their 2007 version again on that brand new Mac you buy this year or next! "

    Yeah... THAT sure sounds promising.

    The only answer anyone I know has found acceptable for current Macs is going with 3rd. party products like iBank that can import your Quicken data files.
  8. cvaldes macrumors 68040

    Dec 14, 2006
    somewhere else
    The third option is to upgrade to Lion, yet keep an alternate Snow Leopard startup/boot drive to run legacy Rosetta applications.

    So twice a week, I boot up the alternate drive to run Quicken 2007. I like for its automatic cash flow analysis, but its investment tracking is pretty weak. Quicken 2007 still blows doors on in terms of investment analysis.

    I'm hoping for the day when's investment section is robust enough so that I can toss Quicken.
  9. milbournosphere macrumors 6502a


    Mar 3, 2009
    San Diego, CA
    2007? lol wut? Come back when you're ready to make an actual commitment rather than a 'quick' buck.
  10. HarryKeogh macrumors 6502a

    Jun 25, 2008
    They should change the product name to Slowen.

    Ha! Good one, HarryKeogh!
  11. cargoplex macrumors member


    Mar 10, 2006
    Bethesda, MD
  12. firestarter macrumors 603


    Dec 31, 2002
    Green and pleasant land
    Intuit are a dreadful company who don't deserve to retain their market share.

    Isn't any other software publisher going to take them on?
  13. nostresshere macrumors 68030

    Dec 30, 2010
    Though I may agree, one should note that accounting 5 years ago is pretty much the same as accounting now.

    You take all the money that comes in and then enter all the money that goes out. Whatever is left is still Uncle Sam's!

    Seriously, Intuit is amazing in that they keep pumping out programs that do not do the job, yet sell millions.

    Quickbooks for the MAC suffers compared to the Windows version. Some of the problems are "User Interface 101".
  14. Small White Car macrumors G4

    Small White Car

    Aug 29, 2006
    Washington DC
    It's not just this one product. Even though they DO keep up with Quickbooks, it's apparently not 100% compatible with the Windows version of Quickbooks.

    My mother has an iMac and she has to keep Fusion and Windows running on it JUST so she can run Windows Quickbooks. If she buys the Mac version the files she sends her account don't work right.

    At first I thought the accountant was crazy, but the more I read about Intuit the more I believe it.
  15. Le Big Mac macrumors 68030

    Le Big Mac

    Jan 7, 2003
    Washington, DC
    Okay, so 6 years after this product was introduced, and over a year after Lion was available to developers, Quicken will provide an update to make this Lion compatible?

    How about spending that time making Quicken for Mac 2012 with some updated features?

    Intuit should be embarrassed and just announce they are going to abandon the Mac market. Time to move to iBank.
  16. cameronjpu macrumors 65816

    Aug 24, 2007
    Seems like a market opportunity. It must be REALLY hard to write software for the Mac given how bad Intuit is at it. :rolleyes::rolleyes:
  17. chrisste1 macrumors newbie

    Feb 12, 2011
    This is good news?

    My first reaction was to send a letter to Aaron Forth for finally addressing this issue. Then reality set in: reflecting what others have said here, what the heck took them this long to fix Quicken 2007 for the Mac? What were they thinking? That said, I paid for Moneydance and was disappointed (I could never get it to connect with my bank). So I partitioned my hard drive and run SL with Quicken 2007 on one partition and Lion on the other. It works, although it is not an elegant solution. Why would they leave fiercely loyal Mac owners out in the cold so long? Didn't we help build Intuit and Quicken? But kudos should go to Quicken's technical support services. They have helped me with 2007 every time I've had a problem.
  18. zama36 macrumors member

    Mar 21, 2007
    Wirelessly posted (Mozilla/5.0 (iPhone; CPU iPhone OS 5_0_1 like Mac OS X) AppleWebKit/534.46 (KHTML, like Gecko) Version/5.1 Mobile/9A406 Safari/7534.48.3)

    For personal finance just move to Moneydance. Have never looked back.
  19. Goldenbear macrumors regular

    Jun 30, 2007
    Los Angeles
    Too Little, Too Late - But Lots of people will still buy it

    I'm sure a lot of people will buy this when it ships.

    Every single person who does is simply confirming to Intuit that their 20+ year business model of soaking Mac users with bug-ridden, stripped-down versions of their Windows software is valid.

    If someone cares enough about finances to use software to track it, I would think that person also cares about getting their money's worth. Then why in the world would such a person pay (probably somewhere around $50 or more) for a bug-ridden, 5 year old application, that is probably feature-comparable with a 10 year old version of the Windows Quicken???

    How do I know it'll be bug-ridden? Because EVERY SINGLE VERSION of Quicken for Mac has been full of bugs, many of which have NEVER been fixed! Just take a look at old posting (, for example). Back when Intuit used to release new versions of Quicken every so often, they simply only fixed a few of the reported bugs, ignored the rest, and introduced new ones with each new release.

    It's pathetic how so many Mac users continue to support this abhorent business model!:mad:
  20. QuiteSure macrumors 6502


    Jun 20, 2002
    Hmm, now what?

    Just 10 days ago I transitioned to Quicken 2012 for Windows, which I now run on a Parallels VM running Windows 7. I'm ready to upgrade to Lion and migrate from MobileMe to iCloud.

    Had intuit made this announcement in October, or even 2 weeks ago, I would have kept all my data on Quicken 2007 and held off upgrading until the "fix" is released. Believe me, the transition was hellish. I only have 2 weeks of transactions in the new system, I can easily go back to Quicken 2007. I would like to move to iCloud, but it's not urgent.

    What would you do? Commit to Quicken 2012 for Windows and jump into iCloud or re-migrate back to Quicken 2007 and wait?
  21. Stewie macrumors 6502


    Jan 6, 2004
    This is such a joke. Why should anyone care about 2007?
  22. Hakujin macrumors newbie

    Dec 22, 2011

    I've been using this product for about five years, ever since I realized Quicken could not handle multicurrency accounts and Moneydance does. It support is now, finally, almost flawless, across the four currencies I live in. Moneydance is Java-based and cross-platform. Handles QIF downloads and many online bank services. Imports Quicken files.

    I have NO financial interest in the product. I am just a happy OSX (and iOS too) user of Moneydance for a long time, through several versions.
  23. Explorz macrumors regular

    Jan 15, 2008

    Quicken = Fail!

    Waaaaaaay too little. Waaaaaaaay too late.

    I moved to iBank as have many of my customers.

    Seriously, making Quicken 2007 compatible in the year 2012. How can they be so remarkably clueless? Rebuilding confidence takes a major effort and not a patch!
  24. johncrab macrumors 6502


    Aug 11, 2011
    Scottsdale, AZ
    Talk about attracting attention for all the wrong reasons. I abandoned Quicken Mac 2007 under Tiger because it was such a piece of junk. Now all they can do is offer a way to run a five year old nightmare under Lion? Really sad.
  25. Explorz macrumors regular

    Jan 15, 2008
    I'd simply say adios to Quicken altogether rather than reward their incompetence. iBank works very well for me.

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214 December 22, 2011