Headline Rollup for August 10, 2017

Lexmark Layoffs 2017: 700 Job Cuts Lexmark International layoffs will impact 700 employees or 7 percent of the company’s employees over the next year, the printer maker confirmed today. How Hackers Make Big Bucks Stealing, Selling Personal Information Personal information was stolen 30 times a minute in 2016. HP debuts Virtual Reality solutions and services…

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Headline Rollups for August 8, 2017

Epson America Sees Healthy Market Opportunities for Business Inkjet MFP It’s been said that the SMB office environment is the last great, untapped frontier that inkjet printing has yet to conquer. But now that inkjet is beginning to infiltrate the BTA channel, courtesy of new product introductions from both Epson America and HP, it will…

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Headline Rollups for August 3, 2017

Xerox (XRX) Beats Q2 Earnings Estimates, Narrows Guidance Xerox Corporation XRX reported mixed second-quarter 2017 results with adjusted earnings of 87 cents per share, which beat the Zacks Consensus Estimate of 84 cents. Xerox posts higher second-quarter net income Xerox Corp. reported Tuesday that its net income climbed 5 percent in second-quarter, but its revenue declined…

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Headline Rollup for August 1, 2017

Canon revises 2017 targets upwards on printer demand An expected tick-up in demand for laser printers and colour photocopiers has prompted Canon to revise its sales and income targets for the full year. Epson and Nuance alliance means profit opportunity for channel partners Channel partners of Seiko Epson Corp. will soon have a new opportunity…

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Headline Rollup for July 27, 2017

Lawsuit alleges Lexmark misled investors and cost shareholders millions Lexmark “made false and misleading statements” about demand, inventory and growth prospects for its supplies business in 2014-15 that cost shareholders more than half a billion dollars, according to a class-action lawsuit filed July 20 in United States District Court for the southern district of New York.…

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Headline Rollup for July 25, 2017

Printing from a smartphone is so simple you’ll never look back Printing photos and documents directly from a smartphone is just as easy as on a personal computer, as long as the printer is connected to a wireless network. Printer ink: save money with third-party brands Switching to cheap ink cartridges, including third-party inks, can…

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Headline Rollup for July 24, 2017

OKI to exhibit Pro Series graphic arts printers at PrintPack+Sign 2017 Japan-based printing technology provider OKI is set to showcase its advanced Pro Series graphic arts printers at the PrintPack+Sign event in Singapore. Lexmark named a leader in Document Imaging Security LEXINGTON, Ky., July 20, 2017 /PRNewswire/ — Lexmark International, Inc., a global imaging solutions leader, today…

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Headline Rollup for July 18, 2017

Jefferies gives IBM Watson a Wall Street reality check IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s investment into Watson will struggle to return value to shareholders. In recent years, IBM has increasingly leaned on Watson as one of its…

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Headline Rollup for July 13, 2017

The sale of Lexmark’s enterprise software unit is finalized Private equity firm Thoma Bravo on Monday announced that it had completed the acquisition of Lexmark International Inc.’s Enterprise Software business. US computer firm HP puts 195-acre Leixlip campus up for sale US computer maker HP Inc has put its 195-acre Liffey Park Technology Campus in Co Kildare up for…

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Headline Rollups for July 11, 2017

Lexmark names senior vice president/chief financial officer LEXINGTON, Ky. (July 7, 2017) — Lexmark International, Inc. today announced the appointment of Ying (Vivian) Liu as senior vice president and chief financial officer (CFO), effective Thursday. Kenji Sato Named as President and CEO of Canon Information and Imaging Solutions, Inc. MELVILLE, N.Y., July 10, 2017 /PRNewswire/ — Canon U.S.A., Inc., a…

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Headline Rollup for July 6, 2017

Lexmark hands resellers SME laser range Lexmark is looking to the channel to exclusively take its latest laser printer range out to the SME market across EMEA. Xerox Celebrates an Innovation that Led to Digital Printing In 1969, in his lab in Webster, NY, Xerox engineer Gary Starkweather was challenged with improving the speed of…

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Headline Rollup for June 29, 2017

Fuji Xerox Printers shakes up partner program Local Fuji Xerox Printers partners will see a host of changes to the vendor’s partner program in 2017-2018, including new entitlements for some tiers. HP Inc Is Down Since Its Earnings Report: Can HPQ Rebound? It has been about a month since the last earnings report for HP Inc.…

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Headline Rollup for June 27, 2017

HP Inc (HPQ) Building A Sustainable Growth Recovery Morgan Stanley believes three things have changed since separation that allow for total company growth – innovation, focus, and channel inventory Is Ricoh Circling the Drain? While Toshiba’s financial troubles have been front page industry headlines, Ricoh news has only recently come to light as to how much…

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Headline Rollup for June 22, 2017

Konica Minolta’s Press C1085 Helps Golden Paper Cups in short run jobs UAE – Konica Minolta Business Solutions Middle East, today announced that Golden Paper a UAE based packaging company has added Konica Minolta printing solution to their business. The leading packaging company sought to improve turnaround times, increase production capacity and better quality at…

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Headline Rollup for June 20, 2017

Xerox Signs Two Multi-Brand Dealers on Strength of Company’s Broad Technology Portfolio, Custom Apps Support NORWALK, Conn. — Xerox is recruiting multi-brand dealers seeking to sell the company’s comprehensive and connected office hardware and managed print services portfolio—and Memphis Communication Corporation and Standard Business Systems are the latest to join the Xerox channel partners program. Why Are…

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Headline Rollup for June 15, 2017

Lexmark announces resignation of president and chief executive officer David Reeder, Lexmark president and chief executive officer, has resigned for personal reasons, effective immediately, the company announced today. Xerox Signs Two Multi-Brand Dealers on Strength of Company’s Broad Technology Portfolio, Custom Apps Support NORWALK, Conn. —  Xerox is recruiting multi-brand dealers seeking to sell the company’s…

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Headline Rollups for June 13, 2017

Battle of the Supertank Printers: Canon MegaTank vs. Epson EcoTank Both models save you lots of money on ink, but one clearly outperformed the other. Why Printers Add Secret Tracking Dots They’re almost invisible but contain a hidden code – and now their presence on a leaked document has sparked speculation about their usefulness to…

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Headline Rollup for June 8, 2017

Toshiba Honors Seven Top-Performing Resellers Toshiba America Business Solutions recognized seven of its top-performing U.S. independent resellers with Dealer of the Year recipient, Cincinnati’s Donnellon McCarthy Enterprises leading the list. Toshiba also recognized Harrisburg, Pennsylvania-based Higher Information Group as its All Star reseller with first-year dealer partner, The Lioce Group in Huntsville, Alabama earning Rookie of the…

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Will the Future Include Job Destruction or Job Creation?

A study by CBRE Workplace stated that “50 percent of occupations will no longer exist in 2025,” and a 2013 Oxford study forecasted that by 2034 that “47 percent of jobs would be automated.” Finally, a McKinsey&Company study showed that current technologies could automate “45 percent of the activities people are paid to perform.” Some…

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Lexmark Announces Next Generation A3 Printing Solutions

June 6, 2017, Lexmark International, Inc., announced their next generation A3 color laser printers and multi-function printers (MFPs) totaling nine (9) new products targeting demanding print environments. CX 920 Series, CS 920 Series Features CX 924 65 ppm MFP CX 920 80 ppm scanner High capacity input bin(s) – 6500 sheets Monthly Duty Cycle –…

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Business Intelligence Digest for May 2017

Download the Business Intelligence Digest – May 2017 Enjoy all of the articles that we published in May… in one convenient PDF document.

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Will Singapore be the first smart nation?

There have been news articles and social media postings that have examined in-depth the growing interest in Artificial Intelligence, technology, innovation, and anything smart. Most every country has provided press releases on its technology innovation, mobile apps, or IoT devices that are disrupting the traditional ways of thinking. It seems that if you put the…

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Headline Rollup for June 6, 2017

HP Overtakes Lenovo as Leader in PCs Chinese computer behemoth Lenovo (LNVGY) flourished for years in a mature PC (personal computer) market through cost cutting. However, for the first time in four years, the PC maker has slipped to second place in the PC market. HP Inc. (HPQ) has taken the crown. A tale of…

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Lexmark Loses Supreme Court Case

The U.S. Supreme Court said companies give up their patent rights when they sell an item, in a ruling that puts new limits on businesses’ ability to prevent their products from being resold at a discount. The ruling is a defeat for Lexmark International Inc., which was trying to stop refurbished versions of its printer…

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The Battle for the A3 Market

A recent report by a Wells Fargo analyst indicated that they believed HP would be able to ‘flip’ the A3 channel due to their lower service costs on products, providing an opportunity for higher margins for dealers. While my view is that HP certainly has a shot at capturing A3 share, this report is one…

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Headline Rollup for June 1, 2017

Supreme Court allows resales of used printer cartridges The Supreme Court on Monday ruled unanimously in favor of a company that sold refilled printer cartridges in a patent case with wide implications for the technology industry. Lexmark’s new leader hits reboot button Lexmark International, Lexington’s storied maker of printers and a key economic engine here…

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HP’s New Laser MFPs

Earlier this month, HP made the much anticipated announcement of their 600 Series Laser mono and color A4 MFPs and SFPs about 5 months following Xerox’s announcement of 29 new products about 5 months ago and following HP’s earlier announcement of their impressive new laser A3 products.   The following are the highlights of the…

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What’s up with Pocketable printers?

Some of you may have noticed that in HP’s recent release of their Q2 2017 financials, it was stated that sales of HP’s pocketable printer sales helped HP achieve their Q2 printer business numbers. HP’s Sprocket printer is an HP labeled version of a printer developed by Zink (Zero Ink), headquartered in Billerica, MA. (By…

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Headline Rollup for May 30, 2017

Toshiba Tec unveils hybrid MFP Toshiba Tec Corporation has unveiled the world’s first hybrid multi-function peripheral (MFP) printer, the e-Studio5008LP series. Robert Keegan replaces Ursula Burns as Xerox chairman Xerox Corp. has named Robert Keegan as non-executive chairman, replacing Ursula Burns, who retired from the board of directors on Tuesday. Separately, shareholders approved a reverse…

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HP Inc. Releases Q2 2017 Financial Results

Yesterday, May 25, 2017, HP Inc. released their Q2 2017 financial results. Overall, given the continued decline of the printer market and relative to competitive printer manufacturers, HP Inc.’s results were quite good as Figure 1 below shows. The following are Photizo’s takeaways from the HP’s earnings conference call and presentation on May 24, 2017:…

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