Intuit tries to call Mint's bluff? Is this normal? • Hacker News Board

Re: Intuit tries to call Mint's bluff? Is this normal?

#61

Post by jauco » Sat, Feb 21, 2009, 2:28 PM UTC

blurry wrote: post #43

jauco wrote: post #37

Earlier quoted context omitted.

They'll count them as sold copies as soon as the money is in. Buyer != user

Depends who is the buyer. If it's the store then Intuit will definitely account for them as purchased. I don't know how it works in shrink-wrap software retail, but in most retail situations products are bought wholesale by the store, not lent on consignment until the end-user purchases them.

My point was that intuit will have recieved money for the product. So they can honestly say that it was sold. They don't claim that buyers actually use it. (though in order to keep up sales in the long run, they probably strive for that)

Re: Intuit tries to call Mint's bluff? Is this normal?

#62

Post by Daniel_Newby » Sun, Feb 22, 2009, 4:56 PM UTC

lacker wrote: post #41

pwk wrote: post #39

Earlier quoted context omitted.

One of the sadder examples for me is Polaroid, they were doing some strong work in digital imaging but supposedly it didn't receive internal support because "it would undermine our film business". It's one thing to turn a blind eye to upstart innovation, it's another to intentionally stifle it within a company. Any examples of companies that have done this right? Succeeded at replacing their own obsolete technology w…

Seems funny to talk about IBM in this context but they did start out making punch cards in 1896. They successfully made the transition to computers, mainframes, and then PCs, but then finally missed the shift from hardware to software. From about 1896-1980 they were pretty on the ball, though. Also AT&T has made the transition from fixed to cell phones, okay so far. It's a lot easier when the new business has the sam…

"Also AT&T has made the transition from fixed to cell phones, okay so far."

Actually, no. AT&T Wireless blew themselves up with a epic botched software upgrade, and was sold to Cingular at a heavy discount. (Who has since been rebranded AT&T after a complex series of mergers and acquisitions.)

Re: Intuit tries to call Mint's bluff? Is this normal?

#63

Post by plinkplonk » Sun, Feb 22, 2009, 6:14 PM UTC

SwellJoe wrote: post #50

jimbokun wrote: post #33

Earlier quoted context omitted.

"market leaders get eaten from the bottom" Textbook Innovator's Dilemma.

Yeah, you'd think somebody at Intuit would have read it. But, even with the knowledge of the problem, seeing it in your own industry, and recognizing it when you're facing it and before it's too late, seems to be almost impossible. I suspect Intuit are beginning to get a feel for the weight of the problem they face, but I suspect their solution will be ill-conceived. They'll keep chugging away on "integrating" their…

"Textbook Innovator's Dilemma."

"Yeah, you'd think somebody at Intuit would have read it."

At the last "leadership conference" at Intuit, Brad Smith the CEO and other "leaders" were quoting Christensen every 10 minutes or so. A bunch of managers even got some face time with Christensen and the resulting videos were "cascaded" down to the peons in Bangalore.

fwiw. :-D