Covering Developments in June 2020

  • The Big News: "Hardcopy Stocks Down 27% in 2020, Lag Broader Market" - The average stock price for printing hardware firms continued to sink in Q2, but at a much slower pace than in Q1. The average stock price for these vendors fell a modest 1.4% in the January-March quarter, which was a far cry from the 25.8% drop in the average stock price for these same companies in the January-March quarter.
  • The Editorial: "Strange Bedfellows" - The COVID-19 pandemic is giving hardcopy vendors new reasons and a greater sense of urgency when it comes to considering ways to pair up, partner up, or get acquired. Unless Q2 and the rest of 2020 prove to be miraculously more beneficent to printer companies’ revenue and income than anyone currently expects, this trend should only accelerate in the coming months and quarters.
  • In Other News - After 18 months not saying much about its Smart Integration Platform, Ricoh has announced enhancements and vertical market features. ... HP has launched four sub-$150 AIOs just in time for a pandemic-driven uptick in work-at-home inkjet printing. ... Brother will distribute Konica Minolta bizhubs (OK, just in New Zealand). ... Fuji Xerox has launched a new MFP lineup that's destined for the Americas and EMEA. ... Is Pantum really selling a toner refill kit? ... China's Xiaomi has rolled out an AIO sourced from HP! ... Could Huawei be the next printing vendor? ... More Canon "DX" models have arrived. ... What's Fuji Xerox certifying for use in China, and will other MFP vendors follow? ... Plus a whole lot more!