2. Quotes

    1. “ We believe the sharp appreciation of the yen is eroding Canon Inc's revenue and profits. The company expects to improve profitability through product launches and cost-cutting efforts. We expect revenue in 2009 to be hurt by weak consumer spending and worsening global economy and believe the company will struggle to meet expectations in fiscal 2009. We maintain our SELL recommendation on Canon shares. ”

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  5. Categories

      MPSConnect: Africa, Asia, Australia, Blogs, Careers, Cloud/Mobile Printing, eNews, Europe, Finance, Latin America, New Products, Outsourcing, Resellers, Workflow
      Special Interests: Consumables, Go Green and Save, Print Security

  1. Tidbits on the Copier/Printer/Software Industries for the Week of 10/12/09

    This Ain't Your Fathers Office (Oct 14 2009) Blogs

    1. Tidbits on the Copier/Printer/Software Industries for the Week of 10/12/09 The falling value of the US Dollar continues to pummel the MFP industry. For example, Zacks Investment Research said the following about Canon; “We believe the sharp appreciation of the yen is eroding Canon Inc’s revenue and profits. The company expects to improve profitability through product launches and cost-cutting efforts. We expect revenue in 2009 to be hurt by weak consumer spending and worsening global economy and believe the company will struggle to meet expectations in fiscal 2009. We maintain our SELL recommendation on Canon shares.”*************************************************************************************One solutions vendor buys another. Visionet Systems, a business process outsourcing firm in ... (Read Full Article)

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