Ray's Hot Topics
What are the issue with the POOR Operating Margins at Ricoh? How can anyone take Rich serious regarding being a services company when Ricoh doesn’t share the operating profit margins of the office services business unit on their own? Ricoh produced three billion dollars in revenues from their digital services business group. Of which $1.4 + Billion was offices services and $1.4 + billion office products. The business units combined operating profit margin was 0.23% NOT EVEN A QUARTER PERCENT!!! I dig into the numbers and suggest Canon USA watch today's episode. As Canon is now attempting to deliver IT Services In Americas! Canon Learn From RICOH.
OK, I Give Them A Cookie For Profit Hit. But I still have Zero Confidence In Konica Minolta maintaining any continuation of qtrly profitability! Their past six years have shown that the Konica Minolta leadership is ineffective at projecting profit numbers and I don't see any substance coming from leadership which instills confidence!
Now that Lexmark joins IT Savvy under the ownership of Xerox How will the numbers change? How will these two organizations help define the Xerox reinvention?
Kyocera's groundbreaking innovative Inkjet technology is reshaping production print space. This alignment with Xerox is a strategic home run! Lots of changes and realignments coming my friends!
In today's episode I also discuss our industry’s culture and how the ongoing story regarding Visual Edge IT and Ares Capital is exposing something very dysfunctional regarding our industry’s culture. The industry's culture is extremely important to the industry’s relevance.
In today's episode I discuss Canon's Numbers for their FY 2025 First half. I also share the revenue number which HP Inc contributed to Canon's FY2024 Revenues. It's A lot and makes one think what if HP Inc Fired Canon?