The cash-flow forecast in Quicken is fundamentally broken, not taking into account budget items, only "bills". es-part-1/ For several years now, I have used it to maintain the books for a non profit organization (I am Secretary-Treasurer).
Money, on the other hand, properly projects cash flow based on not only scheduled and historical bills but also budgeted amounts. With it I can produce financial reports very quickly.
That is, I'm loathe to trust my personal financial information to an online service. I've been budgeting with MS Money since 2004 and was pretty disappointed to hear it's being discontinued.
Budgeting is actually a stress-relieving hobby for me, and I can be a bit of a control-freak when it comes to finances, so I decided to start early looking for a replacement rather than waiting until MS Money can no longer download transactions.
Apple's profits for 2015 reported this week were nearly five times greater than Microsoft's.
Apple's revenue also grew 27% over the past year — while Microsoft grew 1.5%. Stock prices are based in large part on what investors expect to happen in the future.
But I have to accept that MS Money it is going to fail.
I've been a Money user since version 2004 and can't say enough good about it. id=20738 It's a great program for managing day to day accounts and I can track all of my investment holdings as well.
It's more valuable, has more financial firepower and has also been growing faster.
But Microsoft's stock is blowing away Apple's, because — for investors — last year is ancient history. It might seen strange to think of Apple as the lumbering giant in a mature industry — but that's how the stock market seems to be reading the company's financials and more importantly estimates for the future.
Apple is still milking the maturing smartphone hardware industry — while Microsoft is investing in what's seen as the next area of growth: the cloud.
Microsoft's shift to the cloud is one reason why it trades for 35 times trailing diluted earnings, while Apple trades for just 9.9 times.