Intuit ends Quicken for the Mac

Intuit Inc. announced it is ending development of the Apple Macintosh version of Quicken, the top-selling personal finance program.

Intuit (INTU) spokesman Adam Samuels said the company halted work because sales for the Mac version have declined over the past three years.

The company said the last Mac version of its popular personal finance software is Quicken 98, released last fall (see story). Intuit said it will continue to sell and support Quicken 98 for the Mac.

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Samuels said the company will reassign its Mac engineers to its Web site. Through Quicken 98, users can access up-to-date financial information on Intuit sites.

Samuels said the decision does not affect MacInTax, the company's tax-preparation software for the Mac. Samuels said MacInTax sales continue to grow, and Intuit intends to release a new version this fall. The next version of Quicken for Windows is also expected in the fall.