Despite Flagging Printer Sales, Canon Reports Increase in Q1 Profit and Raises Full-Year Forecast

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On April 25, Canon reported financial results for its fiscal first quarter, ended March 31, 2012. While there was much to like about Canon’s results, including increases in operating and net profit and the firm’s decision to raise its full-year forecast, the company is seeing a downturn in inkjet and laser printer sales—a disturbing trend

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