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Intuit’s Desktop Ecosystem Driven by QuickBooks Enterprise

Intuit’s Desktop Ecosystem Driven by QuickBooks Enterprise

Intuit’s (INTU) desktop ecosystem has continued to see soft growth in the past few quarters. The success of the business is highly dependent on QuickBooks Desktop Accounting revenue, which has grown strongly. However, changing customer tastes have affected the desktop business, with clients preferring QuickBooks cloud-based software over desktop software.