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City News

Xerox sees 28 percent profit surge, Lexmark also grows

October 26, 2011

Xerox and Lexmark are the latest OEMs to reveal their third quarter results, with both companies displaying growth, particularly through their managed print services business. Xerox had a particularly strong quarter, with analysts finding a 28 percent jump in profits thanks to increased spending by customers. Xerox’s purchase of services company ACS continues to pay […]

Canon sees Q3 growth despite difficult environment

October 25, 2011

Japanese OEM Canon has revealed a stable third quarter as it announces its financial results, with a moderate increase in sales and profits. Canon recorded net sales of Y916.9 billion ($12 billion), a growth of 0.4 percent compared to the same quarter last year, while gross profit increased by 1.3 percent to stand at Y452.5 […]

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