Lion-Compatible Quicken Coming to Max OS X this Spring [Update]

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Quicken Coming to LionIntuit announced on Thursday that the company will (finally) be bringing Quicken to Apple’s Mac OS X Lion operation system. The company said it will be releasing “Lion Compatible Quicken for Mac 2007” sometime this spring.

As the name suggests, this is a version of Quicken based on the four year old Quicken 2007, but getting Quicken on Lion at all is a major step forward for Mac users. As Intuit explained to The Mac Observer in June, Quicken’s code base was built entirely around the PowerPC processor.

While Apple moved to Intel’s processors several years ago, the company included a technology called Rosetta that provided for legacy support of PowerPC code on Intel Macs. That allowed products like Quicken to run on Intel Macs.

The problem is that OS X 10.7, or Lion, which was released in July, specifically dropped Rosetta—that meant no more Quicken until and if Intuit could develop it anew for Lion. In June, the company said that the engine that runs Quicken and the database underneath the software was old enough that it felt that moving it to Lion wasn’t going to be possible.

Instead, Intuit said that it would require an entire new engine, and in the meanwhile, the company released Quicken Essentials for Mac, a “lite” version of Quickens that left many feeling that Intuit had fallen short of taking care of its Mac customers. Today’s news suggests that Intuit wanted to rectify the situation.

“As you may know,” Aaron Forth, General Manager of Intuit’s Personal Finance Group, told customers on Thursday, “Quicken for Mac 2007 does not currently work on Apple’s latest operating system, Mac OS X 10.7 (Lion). I understand the frustration this may have caused you and have put a team in place to address this issue. I am happy to announce that we will have a solution that makes Quicken 2007 for Mac ‘Lion-compatible’ by early spring.”

The company also posted a FAQ that explains users will be able to migrate their data file from Quicken 2005, 2006 or 2007 for Mac (on Macs still running Snow Leopard or an earlier version of Mac OS X) to Lion Compatible Quicken for Mac 2007. The same is true for users who already migrated their Quicken data to Quicken Essentials.

[Updated at 3:21 PM with details and additional information. - Editor]

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16 Comments Leave Your Own

1stplacemacuser

Too late.  I switched to iBank and no need to bother with another switching.

Dave Hamilton

Smart timing for Intuit (in that they didn’t delay any further). I had decided to switch to iBank but was waiting until the end of the year to do it and make things clean. I can live with my current solution for a few months, though, and would just as soon stay with Quicken (because it’s easier than migrating my wife and I over).

CJ

OK, so let’s see what we’ve got here: Quicken took years of promises to deliver Quicken Essentials that is so limited even they admit it doesn’t replace Quicken 2007 on the Mac. Lion came out this past July, with ample warning that apps like Quicken wouldn’t run in it. So now, after months of “we are working on it”, the folks at Quicken want us Mac owners to put off upgrading to Lion for almost another 6 months (depending on how you interpret “spring”). All so we can run a 5 year old application.

I still don’t think Quicken gets it. I know that when I upgrade to Lion, which I haven’t done yet for unrelated reasons, I will no longer be able to run Quicken 2006. That’s OK. On January 1 a new year starts and I’ll start tracking that year in iBank.

geoduck

Too Late. Went to MoneyDance a year or so ago.

CJ You hit the nail on the head. This is just the latest Too Little Too Late, half-a$$ed, least possible effort at throwing the Mac Community a bone, by Intuit.

dhp

This is a good example of why you should not put the year in the name of your application. I’m sure there will be massive throngs rushing to put “Quicken 2007” on their 2012 MacBook Pros.

geoduck

This is a good example of why you should not put the year in the name of your application.

LOL

iJack

?Lion Compatible Quicken for Mac 2007??
Yikes!

M.

Immediately switched to iBank (with the iOS parallel app) as soon as I updated to Lion. Simple and better.

Too, no reason to accept Intuit’s huge f*** you to Mac users.

And an issue being lost here: Quicken’s format is a de facto standard used by nearly all banks—a format eschewed by Quicken essentials, which is another huge f*** you to Mac users.

Can’t support a company that inexcusably treats me like garbage. I know it’s how Big Business rolls these days but still inexcusable.

skipaq

I switched to iBank a couple of years ago; so I understand all the angst with Intuit. On the other hand, if they deliver this product it is a plus for the Mac platform. If they then proceed to develop upgrades to their Mac product it will be a big plus for Mac users. Look, this can only be interpreted as another sign that the Mac platform is growing. That is a good thing. Late yes. It is still important.

Former Quicken User

Is it just me?  I remember reading when Lion was about to be released that Intuit was considering licensing the Rosetta emulation technology from Apple, and implementing it in Quicken for Mac.

Based on the fact they are now talking about releasing the 2007 version of Quicken for Mac in a Lion compatible binary - I am jumping to the conclusion that this deal has been consummated.  This path would make “Quicken 2007 for Mac ‘Loin compatible’”, and explains why there are no feature improvements

Intuit did nothing to their soon-to-be six-year-old codebase - they simply purchased some libraries and recompiled their source.  Nothing more…

PS - Am I the only one who switched to SEE Finance?

PSMacintosh

Good, Aaron! 
Do it!  The sooner the better.
I’ll use it.  (The lack of Q2007—and also MS Entourage—is one reason I’m not on Lion yet.)

As an alternative, I’m considering either (1) Dual Booting—to Lion and SL or (2) Virtual Emulation of SL on top of Lion.  Then could run lots of former applications via SL’s Rosetta.
If anyone is using either of these two alternatives on Lion and on newest Macs, I loved to hear how it works!?!

h3

PS - Am I the only one who switched to SEE Finance?

Nope.  It’s the only alternative that imported my 150 account/years of Quicken data without a hitch.

G Dyck

I have an eight old version of Quicken. I updated to this version in order to get auto update investment prices. It was suppose to last two year but I was lucky to get two months. I have manually updated prices ever since. The next update will not be Quicken. It has been a continuous headache to get it to work the way it claim it was suppose to. I will not be burnt again.

Cookie

Astounding that Intuit still doesn’t get it.  When we moved from PC to Mac 2 years ago (after 10+ years on Quicken Win) I did a ton of research and it was clear Quicken Mac was a non-starter.  Chose MoneyDance, which is imperfect in a few small ways but is as close to Quicken Win as I could find.  So much of the US is now on Mac that the only clear answer is ONE PRODUCT THAT RUNS THE SAME WAY ON BOTH WIN and MAC.

Accountant

And what’s going to happen to Quicken with Mountain Lion?

Shall we wait another couple of years?

Dave Hamilton

And what?s going to happen to Quicken with Mountain Lion?

The issue with Quicken under Lion is that Quicken requires Apple’s Rosetta PowerPC-emulation technology to run, and Rosetta was not included with Lion. In order to fix Quicken for Lion, the code will have to be re-written run natively (i.e. without relying on OS-provided emulation). Given that Mountain Lion is, in this respect, identical to Lion (in that it also won’t include Rosetta), it’s relatively safe to assume that whatever is done to make Quicken work in Lion will carry over and allow Quicken to run in Mountain Lion, as well.

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