Xerox Announces Disappointing Q3, Cuts Forecast

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Xerox announced third-quarter financial results on October 24. While the OEM’s first quarter was tough (see “Xerox’s Q1 Results Dragged Down by Disappointing Equipment and Supplies Sales”), Xerox saw some improvement in key areas in the second quarter (see “Xerox Reports a Better Q2 Led by Services Growth and Improved Document Technology Performance”). But some

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