TCPglobal - news, views and issues on total cost of printing

Issue #0813/1 - Lexmark is losing sales and income every quarter with revenue seen to have fallen steadily over the last four years. This month sees the release of the latest financials from the company (Q1, 2008) that reveal a staggering loss of 42% of its inkjet unit sales since the same quarter of last year and an overall decline in revenue of 7% to $1.18bn.

Issue #0804/1 - Still heading downwards on a slippery slope, Lexmark’s latest financial results show exactly why the company’s strategy needed modifying, suggesting that further action is needed and that there may be some way to go before anyone sees an overall upturn, despite record results in some areas.

Issue #0802/2 - In a highly undesirable move, Lexmark has increased prices in the UK on almost its entire range of supplies products by an average 6.4%. Yet again we see Lexmark increasing supplies prices immediately after reducing them – it was only in November of 2007 that Lexmark reduced supplies pricing in the UK by an average of 4%!

Issue #0737/2 - Most US printer manufacturers are paying lip service to the dramatic weakening of the US Dollar but they are being highly selective in which products are affected most or least.

Issue #0729/2 - Despite a further very bad set of financial results, Lexmark’s share price has stabilised.

Following the second quarter earnings announcements towards the end of July, Lexmark’s share price appears to have stabilised, following a steady slide of nearly 50% of its value over the previous eight months.