Intuit will sell off Quicken, its once core, 30-year-old personal finance software

Today, Quicken is described as a “held-for-sale asset,” and a “long-lived asset.”

Financial software company Intuit announced today in its earnings statement that it would divest its Quicken, Quickbase, and Demandforce businesses. This is big news, considering that Quicken was once at the center of Intuit.

Of course, Intuit also brings in millions each quarter from other properties, like TurboTax tax software and QuickBooks accounting software, but Quicken at one point was a sort of institution in desktop software designed to keep track of what you spend.