Printer News

Hurricane Sandy Hits East Coast, At Least 33 Dead and Millions Without Power
October 30, 2012

Hurricane Sandy hit the East Coast on Friday evening, bringing with it winds and flooding across the most populated corridor in the United States. Estimates of the damage are still coming in as millions in the U.S. have been left without power. As of noon Tuesday, at least 21 are reported dead in the U.S., bringing the total death toll to 67.

H-P's New Printers: A Big Launch for the Battered Company
October 30, 2012

Hewlett-Packard Co. is set to unveil a new line of printers for business Tuesday. This marks one of the first major fruits of Chief Executive Meg Whitman's efforts to invest more in research and development as she tries to turn around the struggling technology company.

The printers, so-called multifunction machines that combine standard printers with scanners and software to manage electronic documents, are among the fastest-growing segment in the printing industry.

Xerox Third-Quarter Profit Falls 12 Percent on Printing Decline
October 23, 2012

Xerox saw a 12 percent drop in Q3 profits as demand for its equipment and supplies declined.

The company has mentioned facing weaker-than-expected demand in Europe amid economic turmoil and competitive pricing. Investors are searching for increased profitability in services, where Xerox is making up for declining print revenue with contracts such as automating payments for governments or processing claims for insurers.

Lexmark Earnings Could Offer Insight Into Inkjet Sale
October 23, 2012

During their quarterly earnings announcement Tuesday, Lexmark International executives might make their first public comments on how efforts are going to sell the company's inkjet printer operations.

The company, based in Lexington, announced in late August that it would shut down its increasingly small inkjet operations. The move came a few years after the company stopped producing inkjet printers aimed at home consumers because the customers weren't printing enough to meet profit expectations. Instead, the company had used the inkjet technology to complement its laser printer lines aimed at businesses.