Lexmark’s first-quarter results announcement on April 22 included highlights and lowlights. The highlights included exceeding its own guidance for revenue and earnings per share (EPS), as well as analysts’ average estimates for EPS. Lowlights included the firm’s years-long exit from the inkjet business and second-quarter guidance that was seen as “soft,” according to some. As of
In the first quarter, Xerox’s revenue declined yet again, but in line with expectations. Although revenue in the firm’s Document Technology business has been on continual downward trend, Xerox is now realizing better margins in its Document Technology business. In other good news, the company was able to exceed its earnings per share (EPS) targets for
The monochrome laser MFP market has improved both worldwide and in Western Europe in recent quarters. For example, International Data Corporation (IDC) reports that worldwide monochrome laser shipments grew 5.8 percent in the fourth quarter of 2013, with most of this growth due to the MFP segment (see “Worldwide Hardcopy Peripheral Market Kept Growing in
Lexmark appears to have changed the license-agreement terms on Return Program (formerly known as Prebate) cartridges. The change in language indicates that after end users install Return Program cartridges Lexmark will use firmware updates to prevent the use of counterfeit and certain third-party cartridges. Previously, the license-agreement terms for Return Program cartridges read, “Please read
The worldwide market for low-end monochrome laser MFPs is finally improving following several dismal years. With the Western European hardware market finally showing some signs of life, printer vendors are jockeying for market share in this market segment. UK-based market research firm CONTEXT has shared some vendor market-share data for monochrome laser MFPs with print
This week, reports began to circulate that French third-party supplies manufacturer Armor has some new owners. Seven members of the firm’s top management team, including CEO Hubert de Boiseredron, have bought a majority stake in the company. OPI was the first source we saw to report the news. According to the OPI post, Mr. Boiseredron
The low end of the monochrome laser hardware market crashed in 2009, as the worldwide economy plunged into recession. Following a rebound in 2010, the monochrome laser market declined again in 2011 and 2012, due to a series of natural disasters affecting manufacturing capacity and supply chains, the sovereign debt crisis impacting the European economy,
Earlier this month, UniNet, one of the remanufacturing industry’s chief component suppliers, announced a slew of new products for remanufacturers. The firm’s latest offerings include solutions for the Epson, Lexmark, Samsung, and Xerox laser devices, but one of the most long-awaited of these solutions is chips for Lexmark’s T650 series monochrome laser printers. New Products
In a pair of previous article on CONTEXT’s inkjet all-in-one data in Western Europe (see “Top-Selling Inkjet All-in-Ones in Western Europe” and “CONTEXT Examines Low-End Inkjet AIO Share in Western European Markets”), we noted that while most of the top-selling inkjet all-in-ones are consumer- or small-office/home-office (SOHO)-oriented devices, inkjet vendors are increasingly focusing on business-class
Saying, “HP is in a stronger position today than we’ve been in quite some time,” Meg Whitman, HP president and CEO, reported on February 20 that net earnings during the first quarter were up 10 percent over the same period last year. With total Q1 sales of $28.2 billion, HP earned a profit of $1.4 billion,