Revenue Slides for HP’s Quarter as COVID-19 Lockdowns Hit Office Printing
HP reported that demand for office and graphics printers and MFPs “slowed down dramatically as COVID-19 spread and markets shut down.”
Category: Featured Posts
Konica Minolta Reports Results for Fiscal Year
Company hit by COVID-19 lockdowns, U.S.-China trade-war tariffs.
Sharp Profit Decline for Toshiba TEC as It Copes with COVID-19 Pandemic
Toshiba TEC of Tokyo, Japan, today reported results for its fiscal year that ended on March 31, 2020. Net sales......
This Week in Imaging: Some COVID-19 Bad News – But Also Some New Opportunities
First, the bad news: recent research from Quocirca reveals that almost 80 percent of those working from home are printing......
New Canon imageRUNNER ADVANCE DX Copier/MFPs, from Mid-Range to Light Production
Canon U.S.A. today expanded its imageRUNNER ADVANCE DX Series with the launch of new A3 monochrome copier/MFPs ranging from mid-range......
Will Business Inkjet Inherit the Earth?
One thing that struck our interest recently was research from market-research firm International Data Corporation (IDC). According to IDC, not......
This Week in Imaging: Will Crisis Accelerate Adoption of A4 Printer and MFPs?
According to a new IDC study, The IDC 2020 European Hardcopy Survey, April 2020, nearly half (48.5 percent) of companies......
Konica Minolta Slashes Forecast in Wake of COVID-19
in March, as the COVID-19 pandemic spread across the world, Konica Minolta saw a “dive in sales of (its) main products and services,” which affected both revenue and operating profit.
Office-Imaging Companies’ Share Prices Take Big COVID-19 Hit
The COVID-19 pandemic has affected the world in a myriad of ways, with one effect being tumbling stock markets that......
Declines for Brother’s Fiscal Year, But Gains in Fourth Quarter
Brother Industries of Nagoya, Japan, today released financial results for its fiscal year that ended on March 31, 2020. Overall,......
Ricoh Hit by Slumping Sales of Office Equipment Due to COVID-19
One bright spot however was demand for Ricoh office IT services, which continued to grow during the year.
This Week in Imaging: A ‘V’ ‘W’ or ‘Swoosh’ Recovery for Office Imaging?
One of the big questions today is what will economic recovery look like – a V, W, or the Nike......
IT Spending to Decline in U.S., Europe, But Better Outlook for China
There are tentative signs of improvement in the Asia/Pacific region, with confidence levels showing gradual recovery in China and other countries.
Why Cloud Printing is Here to Stay
In the evolution of office printing, the first office printers were connected directly to PCs. They were then connected to......
Xerox Execs Discuss Page Volumes, Installations, and Recovery
Xerox expects a difficult second quarter, but with businesses expecting to re-opening late in the second quarter, returning to plan in the fourth quarter.
Future of Print Management is Cloud-Based Zero Infrastructure, Zero Trust
We spoke recently with some of the folks at Pharos Systems International, a provider of print-management systems that’s based in......
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