Feb 25, 2016
What’s the News?
Huawei and Leica Camera AG announced that they have entered into a strategic partnership to reinvent smartphone photography. The companies used some very interesting and rather untraditional wording in their press releases; embracing a more holistic sound and approach. Huawei’s press release spoke about combining a shared ethos in a long-term commitment to the art of craftsmanship, meticulous engineering, and the spirit of winning collaboration to create a powerhouse that will reinvent smartphone photography. These are no small promises, particularly since neither of these companies are household names in the United States! That said, the companies are major players in their respective markets and geographies. Read more »
Sep 10, 2014
In August, a variety of printer manufacturers announced their latest quarterly earnings. The table below includes percent changes in revenue and operating profit from last year (for the respective print business units), as well as key drivers for the shifts.
Latest vendor quarterly earnings
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Dec 13, 2013
The lead up to the Holiday gift giving season is always a busy time as people start making out their gift giving lists or their own wish list for Santa. Being an analyst that tracks camera phones and digital cameras, this is also a busy time of year for me as I start getting emails, phone calls and text messages from friends asking me for camera buying advice. Since Thanksgiving I have already received many emails and texts from friends saying they need an opinion about what type of camera to buy.
I will admit I like being the one my friends and relatives turn to for an educated opinion about cameras. That role also carries some pressure with it, given the hundreds of camera models that can be found for sale from an online retailer or traditional brick and mortar stores. So as I prepare for the “what is the best camera to buy?” question I thought some of my ponderings would be helpful for others looking to answer the very same question.
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Dec 12, 2013
I could have very well titled this “Industry Consolidation and the Ripple Effects” given the nature of the chess match being played out between two industry titans. Canon in one corner, looking to regain momentum (Canon’s loss of market share has been well documented with acquisitions ofÂ IKON Office Solutions to Ricoh – $1.62 billion, Global Imaging Solutions to Xerox – $1.5 billion and Danka to Konica Minolta – $240 million, couple this withÂ the mixed result of their CBS Direct Operations the impact is measurable and the desire to win it back is understandable) and in the other corner, Konica Minolta, the current King of the independent dealer community. Â Ask an independent dealer owner about what they like about partnering with Konica Minolta and why they have made such a surge in revenue and units, and the first answer is Rick Taylor and his leadership, what follows next from their mouths varies but it is typically like an evangelist giving testimony at a revival.
For those that do not know, Dex Imaging is one of the largest independent dealers in the United States with annual revenues approaching $150M (it’s probably safe to say will have superseded that mark by the close of 2013).Â Their plan is to reach $250 million in annual revenue by 2016 and they have 26 locations in Florida, Tennessee, Maryland, Alabama and Mississippi.Â They made two acquisitions in the Florida market, both announced in May of this year.Â In the May press release announcing the acquisitions, Dex Imaging called itself the single largest- and fastest-growing independent dealer of Konica Minolta and Kyocera document imaging equipment in the U.S.
Dex Imaging Acquisitions 2013
1. TonerType, LLC
2. U.S. Imaging Solutions
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