Top News for the Week of 4/21/2014 – New Samsung 2014 A4 Lineup, BR-Docs from Brother, More

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Photo credit: Rena-mit-Cappuccino / Foter / Creative Commons Attribution-NoDerivs 2.0 Generic (CC BY-ND 2.0)

New Products and Solutions

  • Samsung Rolls Out 2014 ‘Smart’ Desktop Printer and MFP Lineup with NFC, Google Cloud Mobile Printing: Samsung Electronics U.S. launched three new A4 printer and MFP lines, the Xpress C18x0, M28x5, and M20x0, all of which feature multiple provisions for mobile printing and scanning, including Google Cloud mobile printing, Near Field Communications (NFC) touch-to-print mobile printing, and Wi-Fi Direct printing. Read more here.
  • Brother Launches BR-Docs Platform for Cloud-Based Document Storage and Sharing: For as little as $5 month per user, Brother International’s U.S. arm introduced a new cloud-based document storage platform, BR-Docs. Coming later in the year will be Brother’s scan-to-cloud solution called Web Connect, which will enable users of Brother’s Multi-Function Center inkjet MFPs and Brother scanners to scan and digitize files, and then send them directly to their BR-Docs account. Read more here.
  • New MFPs, Business Apps, Dealer Programs from Kyocera: One of the most interesting things about Kyocera’s annual Americas dealer meeting was a strong showing of new A4 MFPs for the office. The company showed four new mono A4 MFPs, with the flagship unit (shown below) rated at up to 62 ppm, and all incorporating the firm’s HyPAS platform for adding on business solutions, including four new solutions previewed at the show. More business solutions – or apps, as the company calls them – are scheduled for introduction throughout 2014. Read more here.

Financial News

This week, both Xerox and Lexmark released financial results for their first quarters of 2014, with earnings down for both companies versus first-quarter 2013. One interesting fact from Xerox is that equipment revenue for its first quarter, which was down 4 percent versus a year ago, now makes up only 28 percent of total company revenue – while services revenue now makes up 57 percent of total revenue. Within its hardware business, A4 color MFPs and high-end production systems continue to lead installation and revenue growth

At Lexmark, the firm’s Managed Print Services and Perceptive Software division continued to do well, with Lexmark CEO Paul Rooke expecting combined revenue from the two to exceed $1 billion this year – combined MPS and Perceptive revenue was $244 million for the quarter. In particular, Perceptive Software revenue was up 38 percent versus first-quarter 2013.

Another strong point for Lexmark was that although hardware revenue (excluding inkjet revenue) was down 7 percent in the quarter, supplies revenue from laser machines was up 9 percent.

Meanwhile, net earnings were again up at Canon Inc., although the firm continues to attribute much of its growth to the appreciation of the Japanese yen versus the U.S. dollar and euro, which favorably affects its overseas earnings.

  • Revenue, Earnings Down at Xerox, Lowers Forecast:  Xerox today reported results for first-quarter 2014, with earnings per share of 23 cents, and revenue of $5.1 billion, down 2 percent versus first-quarter 2013, with 57 percent of revenue ($2.9 billion) derived from its Services business. Net earnings were $281 million, down 5 percent versus first-quarter 2013. Read more here.
  • Revenue, Earnings Down for Lexmark’s First Quarter, but Exceeds Forecast: Lexmark International reported results for its first quarter, with revenue and earnings per share exceeding its January guidance. First-quarter revenue of $878 million includes $3 million of acquisition-related adjustments, compared to $884 million for first-quarter 2013. Read more here.
  • Canon Inc. Reports Healthy Gain in Net Income, Sales of MFP-Copiers, and Laser and Inkjet Printers: Canon Inc. of Japan reported a healthy 16.4 percent gain in net income for its first fiscal quarter. While it says much of the gain was due to favorable exchange rates for the Japanese yen versus the U.S. dollar and euro, it also reported healthy sales of MFP copiers and laser and inkjet-print sales, although weaker camera sales. Read more here.

Heartbleed

Last week, Xerox reported that its WorkCentre 3315/3325 MFPs and Phaser 3320 are vulnerable to the Heartbleed OpenSSL bug. This week, Notable Solutions and Konica Minolta report vulnerabilities:

  • Notable Solutions Reports Some AutoStore 6 Components Vulnerable to Heartbleed Bug: Notable Solutions today reported that four components of its AutoStore 6 document-capture-processing-and-routing software have been affected by the Heartbleed OpenSSL vulnerability: the Ricoh ESA capture component; AutoCapture; QuickCapture Pro; and Bates Stamp Server. Read more here.
  • Konica Minolta Japan Investigating Several bizhub MFPs for Heartbleed Vulnerability: Konica Minolta Business Solutions of Japan reports that it’s cleared most of its bizhub MFPs safe from “Heartbleed” OpenSSL vulnerability. Read more here.

Legal Briefs

  • Samsung Threatens Legal Action against Resellers of Toner Cartridges: The Recycling Times reports that Samsung Electronics has sent letters to resellers of Uprint toner cartridges designed for use in Samsung printers. The letter warns the resellers that they are “making unauthorised use of Samsung’s intellectual property rights … by selling cartridges that are compatible with Samsung’s printers in which the patented technology is applied.” Read more here.

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