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Monday, November 30, 2015

Falling HP Printer Prices Attract New Consumers

HP Printer Supplies
Prices for OfficeJet Pro hardware have fallen so dramatically that they are within reach of home users, meaning the HP Inc is now getting the yield per unit it would expect.

Dion Weisler, CEO of HP Inc, made the comments during an analyst's call to discuss the company's disappointing 4Q 2015 results, The Imaging Channel reported.

Weisler also said in the call that the pricing pressures that had led to the plummeting prices had been accelerated by on-going effects of currency movements, at a rate that surpassed the OEM's expectations, with the overall printing market weaker than HP Inc had expected.

Digitek said that last month the OEM increased the prices on a number of its "small format ink cartridges, print heads, photo value packs and small format media" by an average of 5.2%.

Full year net revenue for the total Printing and Personal Systems group totalled $52.7 billion, down from the 2014 figure of $57.5 billion. 4Q 2015 hardware units sales were down 17% for the full year, while commercial hardware fell 23% year-on-year, as did supplies revenue, by 10%.

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Source: The Recycler

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Since 1999 we have been a major supplier of original brand (OEM), compatible replacement and remanufactured Premium Quality inkjet cartridges, laser toner cartridges and other printer supplies. Our customers range in size and include the United States Government, small and large businesses, schools and individuals. Each of our customers is equally important to us and is treated with the same friendly professionalism. Visit us at Price Less Inkjet Cartridge Co.