They are very strongly positioned in the tax market with Microsoft having moved aside. Clearly there will be some competition ... but if you don't have Microsoft in that market, there's a lot less price pressure to worry about longer term. That just leaves the brand strength to Intuit.
More Quotes from Scott Appleby:
In the next three years, there is going to be a gigantic transition online. It's still going to be a challenge for these companies to basically separate out an online unit. But without doing so, they are going to fall behind what other companies are doing out there.Scott Appleby
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