Top News for the Week of 7/21/2014 – Strong Quarters for Lexmark, Canon; Epson Invests Big in Inkjet; More

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Both Lexmark and Canon Inc. continue to report strong financial results. In the case of Lexmark (which has been all quiet on the hardware front lately), revenue from its Perceptive Software division and managed print services (MPS) continues to drive growth. In particular with Lexmark, MPS revenue grew 14 percent compared to the same quarter a year ago. Canon continues to report strong growth from hardware (office MFPs and printers).

Traditional desktop-printer vendors continue to accommodate printing on up to A3 (11″x17″) media. Epson for its part introduced two printers with 11″x17″ printing that also feature its continuous ink supply system (CISS) that it says dramatically lower cost per page (see our in-depth CISS Hands-On Test report here). At this point however, the two new A3 printers are only available in the Middle East.

For the U.S. market, Brother International introduced a $169.99 A3 printer. However, 11″x17″ media can only be fed through a rear-mounted single-sheet bypass tray (the main media tray can’t accommodate 11″x17″ media). Note though that Brother continues to offer scan to and print from cloud-based document sharing sites from the touch screen – as do other desktop-printer vendors such as Hewlett-Packard and Epson. For document sharing and collaboration, the overall trend in office imaging is clearly access to cloud-based document storing and sharing sites versus scan-to-email. Not only can documents be more easily managed in the cloud, but there’s typically no problems with accommodating larger document file sizes, which can often be problematic with scan-to-email document sharing. It’s all of course a far cry from the dinosaur days of document sharing via hard copy and the U.S. Mail, and later, fax and “sneaker networks.”

Financial News

  • Strong Quarter for Lexmark; Growth in MPS; Increases Full-Year Outlook –  Read more here.
  • Strong Sales of Office Multifunctionals Drive Income Growth for Canon in Latest Quarter –  Read more here.
  • Epson to Invest Some 10 Billion Yen over 12 Months in PrecisionCore Inkjet Printing –  Read more here.

New Products and Solutions

  • Epson Introduces First A3 Inkjet Printers with Continuous Ink Supply System –  Read more here.
  • New Toshiba A4 Color and Mono MFPs Feature Latest eBridge Controller –  Read more here.
  • Printerpoint is Managed Print Services for Wide-Format Printers –  Read more here.
  • New Brother Business Smart Inkjet All-in-One with 11″x17″ Printing and $169.99 Street Price –  Read more here..
  • Kyocera Launches RightFax Connector for Connecting RightFax Servers –  Read more here.
  • ABBYY Releases Next Generation of FineReader Online with New Document-Conversion Features –  Read more here.

Other News

  • Document-Capture Leader Nuance Reportedly Buys Notable Solutions –  Read more here.
  • IDC: Global Digital Color Production-Print Market to Reach Nearly $25 Billion from 2014-2018 –  Read more here.
  • RTI Digital Expands Distribution of Memjet-Powered Vortex 4200 Wide-Format Printer –  Read more here.
  • Samsung’s New Office in Manhattan’s Meatpacking District to Showcase Business Mobile Products –  Read more here.
  • Meg Whitman is New Chairman of HP; Other Board Changes Announced –  Read more here.
  • EFI Acquires DirectSmile, Maker of Cross-Media Marketing Software –  Read more here.

Legal Briefs

  • Canon Wins Toner-Cartridge Patent-Infringement Suit Against Nectron –  Read more here.

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