Users that paid the original $69.99 price won't get stiffed either-you can request a $20 refund online.

In response to that feedback, Intuit is dropping the price of QEM to $49.99 beginning immediately. 'We've been in touch with the feedback from users after the launch, and we understand that many users felt that the new product didn't meet price/value expectations,' Quicken product manager Eddy Wu told Ars. To make matters worse, QEM originally sold for $69.99-the same price as the old Mac version, and $10 more than the feature-rich Quicken Deluxe for Windows. The app lacked several features that the older Quicken for Mac had, such as online bill pay. However, Mac users waited four years for an update to Quicken for Mac 2007, which had long lacked features available to Windows users, and QEM was not going to cut it for many of them. Quicken Essentials for Mac was built to address the needs of the majority of personal finance software users, and included features for tracking accounts, monitoring spending, and creating budgets to curb that spending.

It seems that Intuit has heard your cries loud and clear: the company is officially dropping the price $20 and plans to roll out several new feature additions over the next few months. When Intuit announced Quicken Essentials for Mac-the first Mac product update in four years-the company faced wide consumer criticism for both its price and a long list of missing features.

Quicken for mac update