Some people assume that it would be relatively easy for traditiomal printer and copier OEMs to break into the 3D printer market. They have the engineering and manufacturing capabilities needed, not to mention strong internal sales organizations and dealer channels. Finding success in 3D is more complicated than that, as the approach that HP Inc.
A June 23 referendum of British voters in favor of the so-called Brexit, or the withdrawal of the United Kingdom from the European Union, has sent financial markets into turmoil, reduced the Brutish pound to its lowest level in three decades, and raised concerns that other EU member countries will follow the United Kingdom’s lead
Printer OEMs have a lot of reasons not to build or sell 3D printers. The market is volatile and unpredictable. Competition cuts into margins and sales. They don’t have relationships with decision makers for 3D printer purchases. With all the risk and uncertainty around 3D printing today, why not sit it out for now and
Last week, Lexmark invited its stockholders to a special July 22 meeting to vote on whether the company should be acquired by a consortium of investors led by Apex Technology, PAG Asia Capital, and Legend Capital. Actionable Intelligence learned about the meeting in a Seclude 14A, or Form DEF 14A, filed with the Securities and
On June 21, HP Inc. revealed plans to fundamentally change the way it runs its supplies business by reinvesting the windfall it received from the sale of certain marketing optimization software assets to OpenText. Instituting a new buyback initiative, the firm plans to reduce channel inventory levels of consumables as it implements changes to the
On May 25, HP announced its financial results for the second quarter of 2016, a period that ended April 30, 2016. Those hoping for an end to quarter after quarter of declines found little relief in HP’s financials as demand for the PCs and printers HP sells grew even weaker and HP’s supplies revenue plummeted.
Auditors and some market watchers have begun to throw around words like fraud to describe the problems with Ricoh India, which only last week submitted long-delayed financial results for the second quarter ending September 2015. Earlier this month, we reported that the Indian subsidiary of Japanese multinational Ricoh Company hadn’t issued financial results for two
On May 13, Turbon AG, the Hattingen, Germany-based manufacturer and distributor of third-party toner supplies, announced its financial results for the first quarter of 2016. In general, the quarter ended in March 2016 was terrible for printer OEMs, with nearly all companies reporting year-over-year decreases in revenue and income. Significant factors in the declines for
On May 12, Konica Minolta announced its financial results for the fourth quarter and fiscal year ended on March 31, 2016. The company was negatively impacted by many of the same factors affecting its rivals—the yen’s appreciation, cooling emerging markets, and stiff competition from competitors. The company complained, “For the global economy as a whole
Staples’ proposed merger with Office Depot is off. Late in the day on May 10, a district court judge sided with the U.S. Federal Trade Commission (FTC), which sued to block the merger, and issued an order enjoining Staples and Office Depot from completing the deal. Following the decision, Staples issued a statement saying that