HP introduced its range of printers equipped with e.mail facilities, by which printouts may be taken, even though the source of command may be several miles, if not many thousands of miles away, in an overseas destination.
Building plans and such like, that may need approval, by a person sitting several thousand miles away, fast, can be sent this way, as was demonstrated to reporters in Colombo by HP on Tuesday. Such printers may even be operated with the aid of smart phones.
The manufacture of “intelligent” printers of such design is a world first by HP.
HP is the dominant player in the printer market with more than a 50% market share globally and an 80% market share in the South East Asian region, that includes Sri Lanka. It also has the biggest footprint in the island. HP’s ePrinters save electricity bills by 50%. Statistics reveal that some 56 trillion papers are printed and that 85% of smart phone users want printouts.
Meanwhile, in a release, the company said that in the fourth quarter (4Q) ended October 31, 2010 saw revenue up by 8% year on year (YoY) to US$ 33.3 billion. In the Q under review, non GAAP operating profit was up 10% to US$ four billion, while GAAP operating profit was up 5% to US$ 3.3 billion. Meanwhile non GAAP net earnings were up 11% to US$ 3.1 billion. Fiscal 2010 net revenue was up 10% to US$ 126 billion and non GAAP operating profit was US$ 14.4 billion. HP’s Regional Director Imaging and Printing Group Director P.V. Viswanath said that after tax profits have not been included in the circular.
Among HP’s key revenue earners in the Q under review were Personal Systems Group revenue increased by 4% to US$ 10.3 billion, Services revenue up by 0.4% to US$ nine billion Imaging and Printing Group up by 8% to US$ seven billion and Enterprise Storage and Servers revenue up by 25% to US$ 5.3 billion.
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