Few analysts write on the company these days. Deutsche Bank analyst Chris Whitmore sees more pain for Xerox as companies continue to skimp on IT spending because of economic uncertainty. 'We continue to believe printing and copying are the most discretionary purchases within IT budgets and corporations are likely to continue reducing/delaying equipment purchases,' Whitmore told investors in a recent client note. 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."
With all due respect, blablablabla. Sustainable revenue from continuing operations in the global information infrastructure. Is hardware sales what drives income? So, I'm thinking the "analysts" need a sexier story.
Google it. Find it. Print it. Anywhere.Maybe it will catch their attention. Plus it's even true.