Consumers abandon Lexmark
Monday, July 9th, 2007 - Posted in Financials, Total Cost of Printing | No Comments »Issue #0722/3 - In advance of its second quarter earnings announcement, scheduled for 24th July, Lexmark has released a revised financial outlook for the quarter, presenting bad news.
Lexmark International has revised its second quarter financial expectations – downwards – by about 25%, blaming lower than expected operating income from the consumer segment (inkjet printers and AiOs). Apparently, consumers are not buying Lexmark’s inkjet supplies!