Posted by Tom Callinan on Tuesday, August 11, 2009
The August 3 issue of Barron’s had a great article on Ricoh and their acquisitions, including InfoPrint and IKON. The link below will take you to the article.
One item that was startling to me was the quote “IKON, which also hasn't delivered a profit to its new parent,….” It would seem to me that the war between RiKON (Ricoh owned IKON) and Canon is having a significant impact on IKON’s ability to make a profit. Word is that street level equipment margins at RiKON have been halved, to 14%, over the last year.
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