Tagged With "Revenue Loss"
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Re: Sharp expects first-half operating loss due to falling prices for smartphone displays
Yikes a 215 million dollar loss!! How much more can they lose?
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Re: Leasing, Insurance, Padded Rates, Buy Out Price
Tx, ty for this this. I don't bundle MA/Supplies. I just don't want my customer to get jammed in case there is a loss. We've had quite a few losses here in NJ with the storm from a few years ago. I'm just looking for the right thing to do for customers who opt out of the leasing companies insurance. I'm somewhat skeptical of giving them stream of payments plus residual, may open up a can of worms.
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Re: Selling Copiers in the Seventies with Darrell Leven
Hi Art, Canon’s “NP” series stood for New Process. I started in the industry in 1985 when Canon released the NP50, NP60 & NP80 liquid copiers. Fun times. Regards Peter Ryan Dealer Principal Mobile 0409 458 065 Email pryan@inlandtechnology.com.au Web inlandtechnology.com.au Tamworth 02 6755 6600 Longyard Homemakers, 383 Goonoo Goonoo Rd Tamworth NSW 2340 Disclaimer: The above information is provided “as is” without warranty of any kind. Inland Technology disclaims all warranties, either...
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Re: Savin SPC221SF and scan to email
Question How do I use Scan to Folder on Windows? Answer Documents scanned using your device can be sent over a network to a shared folder. To use Scan to Folder, follow these steps: Note: To send scanned documents to a shared folder on a computer, the correct user name, password, and directory must be set. Files can be sent to folder destinations on the following operating systems: Windows 2000 / Windows XP / Windows Server 2003 / Windows Vista Mac OS X Destinations must be registered via...
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Re: Is selling at cost the future for print hardware?
Hrmm, well, sure they are. Notice it doesn't say anything about Service or Supplies, we can assume those are either at their normal rate or slightly elevated. It doesn't say anything about lowering the lease rate on this MFD you are buying at "cost" either, so we can assume those are also either at normal or slightly elevated. If we also assume that their sales will increase by X amount due to the promotion, the only loss they could expect from this is if X amount of additional revenue...
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Re: "Green Jobs"
It's hard to place an accurate count on the number of trees we lose over a span of time because of the size of the number. Easier to track the loss of areas designated as forests since that highlights the biggest change, usually from nearly 100% of the surface area covered by trees to nearly 0%. The number of trees in a forested acre obviously varies wildly (from about 200 to well over 1,000 per acre), but let's use 500 to start. 500 trees per acre would equal 44 billion trees lost over the...
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Re: Is selling at cost the future for print hardware?
If you can't speculate, how do you know they are idiots? The business model of selling products at a loss to gain future revenue is not new. Microsoft loses money every time someone buys an xBox, Dell gives away printers costing $1,000 for free, Razors and blades, etc. All of those examples have been very successful for years.
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Re: UPDATE 3-Canon buys Dutch Oce for $1.1 bln, fights Ricoh
Tokyoamsterdam: Japan's Canon plans to buy Dutch copier and printer maker Oce for 730 million euros ($1.09 billion) as it tries to return to growth after the global downturn and fight rival Ricoh. Copier and digital camera maker Canon and Oce said in a joint statement on Monday that Canon intends to offer 8.60 euros per share, or 730 million euros, for Oce's outstanding shares. Canon's offer follows little over a year after Japan's Ricoh, the world''s largest copier maker, bought US office...
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Re: UPDATE 3-Canon buys Dutch Oce for $1.1 bln, fights Ricoh
Go this via email today: Canon intends to make an offer of € 8.60 per Share for 100% of the outstanding Shares of Océ, representing a premium of 70% over Océ's stock price. There does not appear to be opposition to the deal either from European regulators or Océ board members. Océ will remain a separate legal entity as a Canon division, headquartered in Venlo (the Netherlands). The Océ brand is to be maintained and applied in all relevant markets. Océ will continue to lead its R&D and...
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Re: UPDATE 3-Canon buys Dutch Oce for $1.1 bln, fights Ricoh
Found this on the web today:: By Pavel Alpeyev Nov. 18 (Bloomberg) -- Orbis Funds, the asset manager that opposed takeover offers by Warren Buffett and Citigroup Inc., rejected Canon Inc.’s 730 million euro ($1.1 billion) bid to buy unprofitable Dutch printer maker Oce NV as too low. Canon’s 8.60 euros-a-share offer “significantly undervalues” Oce’s assets, and Orbis doesn’t want to sell its stake of about 10 percent at that price, the Bermuda-based manager of $20 billion in assets said in a...
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Re: Another Good One Resigns from Ricoh!
That is a loss. I also have worked with Linda over the years. She was a tremendous help.
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Re: Time in business requirements
Well... If they leave the cash sitting in a Money Market, they will probably make 1%. They make profit when they lend it and it makes more than that. If they lend it and take a loss, they will be out of business faster than if they never lent at all.
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Re: Time in business requirements
gottcha, however that 1% profit may not be able to sustain them for long, btw great discussion thread!
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Re: Why in 2010 have we still not seen Solid State Drives (SSD) in copiers?
Much faster access time, 100% reliable, no moving parts, can't crash the drive head with sudden loss of power corrupting drive. Much smaller, lighter, much lower power consumption. Much less heat generated. Much less headaches for Service Dept compared to HDD as there is virtually no service required. An SSD can fit mechanically into the same hardware slot as a HDD. Just started showing up in laptops last year. MFP Copier vendors are always jostling to say they were first to market with some...
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Re: Booklet printing with saddle stitch using Adobe Indesign CS5
BTW, John and I spoke on the phone, he wasn't referring to my "what's the error?" post Error: Undefined usually indicates data corruption or communication loss. It is not usually a true "Error". In a true PS error, there is a problem with the PS code, in an Undefined error, there is usually either no code or garbage.
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Re: Top 9 Blunders that B2B Sales Reps Make
Blunder #6: They don’t know business basics. What they do: They reveal their ignorance of basic business and accounting principles. Why they do it: Unfortunately, it’s usually because they are, uhh… ignorant about basic business and accounting principles. What happens: The lack of such knowledge seriously limits the rep’s ability to add value to the discussion. The rep seems at a loss when the conversation moves to important issues like ROI and how the rep’s offerings will impact the...
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Re: IKON steals University of Kentucky MPS contract from Lexmark!
I'm curious to hear Lexmark's side of the story regarding what transpired. This has to hurt considering U of K is in their back yard. Our Lexmark DSM hadn't even heard about the loss when we talked to him yesterday.
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Re: JOINT STATEMENT BY SHARP ELECTRONICS CORPORATION AND EDWARD MCLAUGHLIN
These are all very interesting comments. Not sure if anyone has seen the videos and new interface on the color systems. Watch those videos on youtube and see yes that is a cool interface but is it really practical? From talking with others this is a very confusing non-friendly user interface compared to the previous MX color series. I think this is going to hurt this color series in the long run. The real challenge comes when there are MX units in an account then add this Aries series. Or...
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Re: KYOCERA MITA ANNOUNCES EXECUTIVE TRANSITION
GMAN Never thought of that with either Ed or Pietrunti, either one may play well for Ricoh. More importantly I think the industry as a whole is struggling to find and identify new ways to make profit with the slow demise of the printed and copied page. Quietly Ricoh has launched a new start up and site for it's eWriter solution. It's an imprtant step for at least one of he manufacturers to identify the loss of clicks, thus the eWriter solution model is based on SAS (Software as a Service).
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Re: Would You Loan this company Money?
Currency in Millions of U.S. Dollars As of: Mar 31 2008 USD Mar 31 2009 USD Mar 31 2010 USD Mar 31 2011 USD 4-Year Trend NET INCOME 16.0 1.9 -21.6 -32.6 Depreciation & Amortization 6.3 6.5 4.7 9.0 DEPRECIATION & AMORTIZATION, TOTAL 6.3 6.5 4.7 9.0 (Gain) Loss from Sale of Asset -0.1 0.2 0.1 4.9 (Gain) Loss on Sale of Investment 0.9 0.1 0.0 -- (Income) Loss on Equity Investments -0.3 -0.2 -0.3 -- Change in Accounts Receivable 12.0 5.6 8.7 -6.1 Change in Inventories 0.3 -16.3 25.8 -4.0...
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Re: Why is single clicking an 11×17 on a “copier” legal?
Define the worst possible customer... * Difficult to get financed * Slow to pay * Overly demanding of the equipment * Overly demanding of the servicing dealer * Overly price conscious, to a fault * Next to zero loyalty no matter how good a job you do. * Can't be used as a reference within their vertical market because of the competitive nature of their industry. * The only potential positive is the hardware and after market volume which probably is at a loss so volume is actually another...
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Re: Taking on Water
The p4p Community got this one correct! Ricoh lost -$342M in the U.S. last year. The worldwide loss was -$777M last year! Nice job. With Martin Brodigan already laying the hammer down (confirmed by Art and his sources), the rising tide of layoffs in America and abroad will be a tool to minimize losses this year. So far, the chaMPS Program has not been the answer.
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Re: Auxilio Loses another 1.6 million
I don't understand how companies feel comfortable running at a loss,and I don't understand how customers award contracts to companies that are not operating at a profit. If I was a purchaser looking for a vendor the first thing I'd be thinking about is will I still be dealing with the same company by the end of the contract. These guys are RIPE for a takeover.
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Re: Japan's Sharp Corp plans to sell its copiers and air conditioners businesses
Somewhere near last.... However, I just picked up this press release from Rueters also: Sharp seeking over $1.2 bln for plant and other assets -Yomiuri * Sharp also in talks to sell some Tokyo offices -Yomiuri * Sharp will struggle to find buyer for solar business-source By Reiji Murai and Tim Kelly TOKYO, Aug 16 (Reuters) - Cash-strapped Sharp Corp is in talks to sell its key solar panel plant in Japan as part of an asset sale seeking more than $1.2 billion, local media said on Thursday,...
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Re: Ricoh Dealership in Minnesota will buy.......
Independent Dealers will never compete successfully with any Direct _BS branch on price. The _BS Branch has shown that they are willing to run their branches at a loss for years! We must sell at a profit, IMHO they should (Legally) have to also sell at a profit (Don't get me started on dumping). If you work for an independent dealer and you are trying to compete with a _BS Branch (that sells your product) on price then you are playing into their hands, and you are going broke. They can...
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Re: Leasing Company Copiers are Underwater
This storm is really exposing the flaws of leasing and their insurance policies. I have a number of clients who are just plain screwed. In the future I would have the customer take the leasing company's insurance and not send in the insurance certificates. I have customers who sent in insurance certificates only to find that they did not have flood contents coverage on their policy. One in particular had not even made the first payment on the lease and had only signed the lease 4 weeks...
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Re: Leasing Company Copiers are Underwater
Agreed. The client (is it a municipality?) either took a risk knowingly "Eh, flood insurance, who needs it" or unknowingly (incompetence). They now have a loss. But, this is the trend... I made a bad decision, is there someone with the last name ", Inc." who can be coerced or compelled to pay the bill? Fixed that for you...
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Re: Leasing Company Copiers are Underwater
So, do you think it would be ethical for the leasing company to go after full stream of payments plus residual in the case I described??? I don't begrudge the leasing company a fair return on their outlay of money but to want the full stream plus residual 4 weeks after funding is excessive. That's making 40% interest on their money for a one month investment. Would you be happy as the leasing partner???? I doubt it. Keep in mind your reputation as a salesperson is attached to how your...
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Re: Leasing Company Copiers are Underwater
Found out today, that Assurant does cover floods, I actually got a document from them about their services and I'll post it here later. Seems like most BOP policies will not cover floods, and Assurant will. However this leads to another issue, when leasing companies ask for "proof of insurance" and get a copy of the rider, do they not check to see if their equipment is covered in case of flood? If they miss this and do not charge for insurance is it then their loss and not the lessee? Some...
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Re: Leasing Company Copiers are Underwater
Well, of course. We all understand that there is NO question of ethics, both parties signed a contract and agreed to obligations. Both took on risks. Now one party has experienced those risks. Is GA entitled to what the contract says they are entitled to after 4 weeks, or only after 5? Five is pretty short... maybe they get what the contract says after 15 weeks, but not 14? Or maybe they get what the contract says if the contract goes to term but they eat it if anything bad happens prior to...
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Re: Leasing Company Copiers are Underwater
I'm in the same boat. I now think that taking the leasing company's insurance is the best option for the customer. My customers with leasing company coverage have had a delay of a few weeks but next week I will deliver the first unit that was covered. Took a while but its a done deal. Another customer with their own insurance immediately got new gear right away. They were dead in the water without equipment so they did a new lease. I put on my sales order clearly that it was the customer's...
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Re: Sharp "What will Happen"
Why would Sharp sell a highly profitable business unit they are more likely to dispose of units which are loss making, its a well known fact that they have already turned down offers for the print business from Samsung.
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Re: Sharp "What will Happen"
PLease up until 7 months ago, Sharp had stated the there was no interest in selling the MFP division. MY how things have changed after the delayed qualcom money, the loss of the Hon Hai deal. Sharp as stated here and in news stories is NOT in complete control of their future. Two major Japanese banks also call the shots with sharp execs. If the right deal is offered that would allow Sharp to become the premiere lcd display manufacturer in the world, then I think sharp will sell the MFP division.
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Re: NNeed a 550 Print Controller
From: LifesGr8 Sent: 1/3/2003 1:42 PM We have one Type 650 Print Controller and several Type 450 NIC Cards. Unfortunately, the owner is out until Tuesday so I can't discuss whether he might be willing to take a loss just to move these out. Our cost is $2,205 and $338.48 respectively.
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Re: HP Press Release
From: Ted (Original Message) Sent: 10/8/2002 7:07 AM Reuters Business Report CEO Says HP Ready for Dell Competition Tuesday October 8, 9:14 am ET LAKE BUENA VISTA, Fla. (Reuters) - Carly Fiorina, chief executive of No. 1 PC and printer maker Hewlett-Packard Co., said on Tuesday its integration with merger partner Compaq is on track, and that HP is ready to compete with Dell in the lucrative printer market. "We remain either at or ahead of our integration milestones," such as plans to cut...
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Re: Ikon Press Release iR 105+
IKON Names Matthew J. Espe, President And Chief Executive Officer IKON Office Solutions, a provider of business communications solutions, announces that Matthew J. Espe has been appointed President and Chief Executive Officer. Espe was most recently President and Chief Executive Officer of GE Lighting, a $3 billion business with 35,000 employees and 55 manufacturing facilities across North America and around the world. He brings to his new position at IKON more than 20 years experience in...
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Re: XRX Refinancing debt
Xerox Posts Net Loss Under Old Accounting By Franklin Paul NEW YORK (Reuters) - Xerox Corp. (NYSE:XRX - news) on Wednesday posted a first-quarter net loss versus a year-ago profit and an 11 percent drop in revenues -- unaudited results that are subject to change under an agreement with federal regulators. ADVERTISEMENT Three weeks ago, the Securities and Exchange Commission charged Xerox, known for its printers and photocopiers, with using accounting tricks to distort financial results from...
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Re: XRX Refinancing debt
Reuters Company News Xerox rtgs cut by Moody's on debt, cash flow worry NEW YORK, May 1 (Reuters) - Xerox Corp.'s (NYSE:XRX - news) "junk" ratings were cut as many as four notches by Moody's Investors Service on Wednesday over concern about the copier maker's heavy debt load and "modest" sales growth prospects. "The size of this downgrade is a surprise," said Domenick Fumai, a fixed-income analyst at BNP Paribas, which trades Xerox bonds. "Moody's may be trying to be proactive, but this...
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Re: Weekend Notes from the copier industry!
WEEKEND MFP INDUSTRY NOTES 8-5-07 The following is a quick review of copier/MFP industry news from industry publications. - The U.S. Supreme Court ruled that it is legal for manufacturers to create a mandatory minimum selling price for their product. The case was decided regarding a store that sold women’s clothing, that ran afoul of the clothing manufacturer’s rules. Unknown if any copier manufacturers will adopt this policy. - A group in Australia at Queensland University, is claiming that...
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Re: RBS Continues to Dump Machines & Make Dealers Look Bad!
Here's some more on this: The attempt to reduce or to eliminate predatory pricing is also likely to reduce or eliminate com petitive pricing beneficial to consumers. --Harold Demsetz Predatory pricing is one of the oldest big business conspiracy theories. It was popularized in the late 19th century by journalists such as Ida Tarbell, who in History of the Standard Oil Company excoriated John D. Rockefeller because Standard Oil's low prices had driven her brother's employer, the Pure Oil...
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Re: CLP240d & Adobe Illustrator
You do not need a Fiery. In fact Fiery is not an option for that model. The Firey Driver is nothing more then a postscript diver with a fancy face. You can use it to print to a non fiery device if it has postscript installed. . It will work. I've done it in a PC environment. You will some lose functionality because of loss of bidirectional communication. I used it recently at a customer using a PC and running Adobe In-Design. The colors were way off and I tried every driver. When I tried the...
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Re: Gas Price Check
I'm all for a Federal Sales tax, like they have in Europe. Just think, you could get your check from your employer with no taxes taken out (except Social Security), put it in the bank and gain interest with no taxes paid, buy and sell stocks with no taxes on the gain/loss, etc., etc. The only time you'd have to pay tax is if you actually bought something (and unprepared food would be exempt from tax). This sure sounds like a win-win-win to me. For the poor, they get a tax cut because they...
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Re: Greg Brown
Although I rather new and new Greg only through his posts, it is still saddens me to hear of the loss of one so young with so much to offer. To his family and friends, know that you are in my prayers. I pray that your hearts be comforted as you celebrate the life of one who you all cared for so much
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Re: Global Imaging
Oh! Their stock has been performing well, I think the majority of what they sell is Konica-Minolta. I called them a few times for a job interview and never recieved a phone call back. Wow, major loss for Ricoh!! Hope you do well, please stay in touch!
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Re: Political Speeches
I received this email from whoever about an article from Jay Leno. We all agree that we have the right to disagree with someone else. Read on........ Jay Leno wrote this; it's the Jay Leno we don't often see.... > > " As most of you know I am not a President Bush fan, nor have I ever been, but > this is not about Bush, it is about us, as Americans, and it seems to hit the > mark 'The other day I was reading Newsweek magazine and came across some Poll > data I found rather hard...
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Re: proposal template
Dude, here's my approach to your stated problem I use PowerPoint Slides, first they are on a landscape format, automatically setting you apart from the rest and of course in color. First couple of slides identify you first (remember you're "the main pole of the big tent" and then your company (if single line dealer another slide for them) if you're dual line, all the better, stress your ability to provide "Best in Class" solutions. Slide for guarantees and what to expect after the purchase...
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Re: Copier Scams Part Deux "Dude Where's my Copier"?
Art, it's a part of the industry that I doubt you will get rid of. I would like to add my own "observation". I don't think that 99.9% of dealers do a good deal. If 99.9% was the case these instances would not even be noticed because they would be unheard of. I think the reality is that around 60-70% of dealers are OK. Another point is that the leasing companies do not give a damn about the state of the copier at the end of a lease. As long as the customer has made all the payments they're...