Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Author: Kathleen Wirth
Sharp Decline in Operating Profit for Konica Minolta’s First Quarter
Operating profit plunged to ¥0.5 billion, a decline of 96.4 percent year-over-year.
Profits Plunge for Epson’s First Quarter, But Maintains Forecast
Within the Printing Solutions’ group, revenue for printers – consisting of 82 percent inkjet models – was down 8.2 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
McAfee Whitelisting Now Available for Canon Copier/MFPs
““McAfee Embedded Control ensures the integrity of systems by only allowing authorized access to devices and blocking un-authorized executables.”
Konica Minolta Shipping AccurioPress C83hc
The AccurioPress C83hc is said to be able to reproduce images that are difficult to achieve with standard CMYK toner, such as bright purples and vibrant greens.
Canon Has Removed Hundreds of Third-Party Toner Supplies from Amazon
The firm also reported on new Amazon toner take-downs.
Sentencing in Xerox Toner-Fraud Case
The losses for Xerox were at first estimated to be $24 million, but were ultimately decided to be about $9.5 million.
Clover Launches Amazon Content Platform to Protect Resellers
Clover says it’s seen an increase in the number of fraudulent “bait and switch” listings claiming to sell Clover remanufactured product, but in fact selling new-build compatibles.
OKI Reports Mixed Financial Results
OKI Electric Industry of Japan today reported financial results for the first quarter of its fiscal year that will end......
Xerox Receives Green Light for Holding-Company Reorganization
On July 25th, Xerox announced that it had received all required regulatory approvals for its proposed holding-company reorganization. As previously...
This Week in Imaging: Toner Wars, Clover, Canon, More
The aftermarket printer-supplies wars continued this week, with the Daily Monitor reporting that Ughandan government authorities confiscated five tons of...
Canon Obtains Two New Amazon Toner-Cartridge Take-Downs
Canon Inc. today announced that it had filed infringement reports for two brands of unauthorized toner cartridges being sold on......
New Budget-Friendly A4 Models from Xerox with WiFi, Mobile Printing
Designed for budget-conscious small and home offices, Xerox today introduced three new lower-priced A4 models.
Clover Seeks to Reassure Customers
This week, Chicago-based toner-remanufacturer Clover Imaging Group issued a letter designed to reassure customers in the wake of trouble concerning an approximate $650 million loan.
Canon Reports Results for Second Quarter
Citing the impact of the U.S.-China trade war and other factors, the firm said it doesn’t see any signs of improvement in the business environment, and lowered it forecast for its fiscal year.
