Thursday, January 22, 2009

Death of The Copier: Earnings preview: Xerox seen posting tough 4Q Associated Press, 01.21.09, 02:56 PM EST

Death of The Copier: Earnings preview: Xerox seen posting tough 4Q Associated Press, 01.21.09, 02:56 PM EST:
"On the other hand, Whitmore said 'modest' revenue from the company's 'post-sale' business - sales of ink and other equipment to customers who already own Xerox printing and copy machines - should help offset weaker hardware sales.

Post-sale revenue accounts for about three-quarters of overall revenue for Xerox."

So what don't I understand?

Post sale revenue which is 3/4's of our revenue increased while the world went through a global financial meltdown.
Meanwhile, they concentrate on how many boxes we sold.

Almost every other business on the planet lost core revenue, except Google and WalMart. The post sales business is a great business. It's an infrastructure business. It's a sustainable business.

Death of the Copier? With all due respect, what a dumb headline.

3 comments:

  1. Xerox is still Xerox! Xerox commands headlines where every you go. I'm thinkin it was more of a headline grabber, which it dud just that.

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