I dont quite follow, are you implying I should have quoted your entire post?
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Sorry I'll try to clarify. I was just turning your comments around to be a positive statement about Intuit rather than Xero. Intuit are far ahead in customer numbers, playing catchup on product development, and when they do that, watch out they could go ballistic.
I've checked my figures for Intuit, I had their forecast growth wrong, so Xero are outgrowing them.
Xero v Intuit - Xero winning in ANZ, Intuit winning in US. Perhaps UK will be a good battle ground to follow, as I'm guessing they may be reasonably evenly matched there.
A truckload of Xero online advertising popping up at the moment.
[QUOTE=kiwi_on_OE;582935]Sorry I'll try to clarify. I was just turning your comments around to be a positive statement about Intuit rather than Xero. Intuit are far ahead in customer numbers, playing catchup on product development, and when they do that, watch out they could go ballistic.
Ah ok i see.
RE: Posted by artemis http://www.sharetrader.co.nz/images/...post-right.png
"A truckload of Xero online advertising popping up at the moment."
Yes I have noticed this too - they are advertising all through the most downloaded business podcasts on iTunes - Havent heard anything from Intuit in that space - lets hope Xero's momentum keeps building!
Quarterly report to 30 June. http://www.asx.com.au/asxpdf/2015073...3s14z733tq.pdf
Receipts growth at 72%, if maintained, squeaks in above Rod's new target of $200m. Gotta make those targets. Notice no references to market share/growth this time, wonder how that's going. At the current burn rate, offset by revenues plus healthy cash balance, there's no need to even think about profit anytime soon, or even later, but we know that.