In a briefing earlier today, HP executives described a bold new plan to move toward a subscription-based business model for supplies called Instant Ink. According to Tuan Tran, vice president and general manager of HP’s consumer inkjet business and web solutions, HP has been working on the Instant Ink program for two-and-a-half years. He describes
Last week, we attended the PRINT 13 event at McCormick Place in Chicago. The show was awash with so many new digital machines that we had to split our coverage into two posts. In Part 1, we looked at various new inkjet digital presses and wide-format printers on display at this year’s show. In this second
Last week, PRINT 13 was held in Chicago at the sprawling McCormick Place exhibition center. Attendees experienced a phenomenon not witnessed in years: An excited crowd all fired up about hardcopy! And not just any hardcopy—hardcopy that was generated digitally. Despite the less-than-robust economy in the United States and the declining print volumes in the
Last week, Actionable Intelligence had the opportunity to chat with Paul Benning, an HP Fellow and print engines chief technologist, about HP’s broad inkjet business, which runs the gamut from low-end Deskjet devices for the consumer’s desktop, to the new Officejet Pro X series of business inkjets, to wide-format machines such as the HP Latex
Turbon America, the U.S. arm of Hattingen, Germany-based Turbon Group, has announced that it has acquired Clarity Imaging Technologies of Saddle Brook, NJ (www.clarityimaging.com) for an undisclosed amount. The German toner cartridge remanufacturer tipped its hand to the deal in its first-half financial results, released on August 19. When announcing its performance, Turbon indicated it
Indicating that the “turnaround continues,” Hewlett-Packard President and CEO Meg Whitman says she remains comfortable with the direction the firm is heading as it heads into the fourth and final quarter of what she terms a “fix and rebuild year.” The comments came during HP’s third-quarter earnings conference call, which was held on August 22.
On August 6, Brother announced its financial results for the fiscal first quarter, ended in June. What a difference a year makes. While one year ago (see “Brother Impacted by Yen in Q1 but Says It Is Selling More Printers”), Brother’s first-quarter net sales and operating profit were negatively impacted by the yen’s appreciation, the
On August 1, OKI Electric Industry announced financial results for the first quarter ended on June 30, 2013. While OKI is far from the only printer manufacturer who has faced a tough few years, OKI has faced some distinct challenges in the form of natural disasters (the firm’s printer business was impacted by the earthquake
Seiko Epson reported its first-quarter financial results on July 31. The company’s fiscal first quarter ended on June 30, 2013. The past few years have not been good ones for Epson. Net sales have fallen steadily since the year ended in March 2006. That year and the year following, Seiko Epson reported net losses. While
On July 30, Konica Minolta shared its financial results for the fiscal first quarter that ended on June 30, 2013. The company, like other Japanese printer and copier OEMs that sell a large percentage of their products overseas, is benefiting from the yen’s depreciation but is also seeing some sales increases in key business areas.