Services Are the Star of Xerox’s Q1 Results

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On April 23, Xerox announced its first-quarter 2012 results. The company reported revenue growth and higher-than-anticipated earnings per share (EPS), but this was primarily due to the firm’s growing Services business, which is comprised of Business Process Outsourcing, Document Outsourcing, and Information Technology Outsourcing. As was the case when the company reported fourth-quarter results (see

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