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April 29, 2003

Reuters: Intuit Says Will Hit Third-Quarter Targets


My spin Intuit's a company built to last (and thrive) in economic downturns. A VERY strong brand, solid range of product lines, and a laser like focus on their customers are key to their success.

News Clip: PALO ALTO, Calif. (Reuters) - Intuit Inc. (Nasdaq:INTU - news), the maker of TurboTax software, on Monday said profits for the quarter ended April 30 will hit the high end of estimates and revenues will land at the lower end, as sales in its key consumer tax business were up 20 percent year-to-date. (full story)

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