Lexmark troubles deepen as inkjet hardware sales fall by an unprecedented 42%
Friday, April 25th, 2008 - Posted in Pricing, Strategy, Financials, News, Issues, Total Cost of Printing | No Comments »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.