He must have bought some Xero shares ......
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I'm a long-time Xero holder .. and NOT a seller at these prices.
Whilst it reads good we do have to remain grounded and wait for the USA developments and figures to roll out to get a good indication of traction there versus this incumbent.
Good for people to start entertaining the possibilities that may occur if the stars do align nicely.
http://www.pcworld.com/article/20492...e-devices.html
Intuit revamps Quickbooks Online for ease of use, mobile devices
Those do look like some very positive signs. UK was a bit of a bugbear for them initially so maybe over that hurdle now? Who is the main competition over there?
Numbers building there in UK. Good to see. Apart from numbers reported I did like the apointment of an Intuit Manager :
New UK team appointments:
- Sharon Chancellor-Maddison – Marketing Director. Sharon has been Marketing Director at Iris Software Group and a Senior Marketing Manager at Intuit and also has a background in the banking sector stretching back 10 years. She is experienced in large-scale marketing initiatives and will be responsible for UK marketing strategy and execution.
Gotta love the market. We are doing well in the UK! Price drops by 30 cents...
This is great news to be honest, because the UK is a whole other level compared to Australia. It's a huge, huge market far away from the familiarity of the NZ/Aussie scene where it faces stern competition not just from incumbents there but other agile cloud competitors. So for Xero to show signs of picking up the pace and winning over the accounting channel bodes very well I think for their US ground attack. I'm very encouraged by this, especially considering the UK was arguably it's weak point until now.