Xerox, beset by problems, lost ground to rival Canon in 2000, study finds

Article Abstract:

Gartner Dataquest has measured the number of Xerox machines sold, 25% of the market as opposed to Canon's 32% for the year 2000. In 1999, Xerox had 28%, Canon 29%. The report is based on number of copy machines sold. Xerox admits to a messy reorganization of its sales force and billing fiascos but says the second half of last year went more smoothly. Xerox lost $384 million last year, or 63 cents a share.

Japan, Market share, Statistical Data Included, Reports, Canon Inc., CANNY, Gartner Dataquest

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Seeking a lift, Xerox to launch big color printer

Article Abstract:

Xerox Corp. is set to ship its gigantic new color printer, FutureColor, this fall. The machine will sell for around $500,000, and promises to cut the cost of customized printing. The machine is not a copier, but rather a huge digital printer. Rival Heidelberger Drucksmaschinen AG will soon launch a color printer of its own, developed in its joint venture with Eastman Kodak Co., NexPress Solutions LLC. The NexPress 2100 will sell for around $350,000. Analysts think Xerox, which is looking to 'production color' to account for 25% of its income by 2006, faces a stiff challenge, as most of the high-end printers will at first be bought by Heidelberg's customer base, not by Xerox's traditional copy shop and corporate clients.

United Kingdom, Printing Machinery and Equipment Manufacturing, Printing Trades Machinery, Product introduction, Machinery industry, Image processing equipment, Printing industry, Color printers, Photocopiers, Printers (Equipment), Printing machinery, Printing machinery industry, Copying machines, Color printer, Digital printing system, Digital printing systems, NexPress Solutions, Xerox FutureColor (Multifunction printer)

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Kodak looks to Perez for no. 2 job

Article Abstract:

In a move designed to bolster its digital imaging products and services, Kodak selected former Hewlett-Packard executive Antonio M. Perez to be its new president and COO. Perez plans to design a strategy that will allow Kodak to make money in the processing and storage of consumer digital images.

Strategy & planning, Executive changes & profiles, Photographic studios, portrait, Photographic Services, Photography Studios, Portrait, Planning, Officials and employees, Appointments, resignations and dismissals, Photographic industry, Eastman Kodak Co., EK, Company business planning, Perez, Antonio M.

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