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Similarly, Hewlett-Packard will soon introduce business printers capable of scanning and storing information in the cloud.
Rick Dastin, in charge of the Xerox division which makes business printers, says this was "a bunch of unlikely probabilities coming together".
Smart phones and tablets threaten to trivialize its status as the world's largest PC maker; cloud computing is destabilizing its server business; printers are no longer seen as high tech.
HP has a tremendous lead in its market share for both consumer and business printers.
But that should give a boost to the rest of the firm's business: printers, copiers and X-ray equipment.
Business printers are usually more expensive because they are more reliable, generally have higher duty cycles (in other words they last longer), have better warranties, and parts are easier to replace.
Similar(54)
This is a business printer.
This is more of a business printer.
Nope, the 5130cdn is a full scale, business printer with a monthly load throughput capacity of a 110,000 pages.
Other companies are finding less capital-intensive ways to enter the business, without printers and delivery trucks.
Last year, CEO Meg Whitman proudly declared HP was in the hardware business (PCs, printers, storage, network).
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