Monday, May 16, 2011

Xerox Delivering On B2B

With the acquisition of Affiliated Computer Services last year,50% of Xerox's revenue is now from services,CEO Ursula Burns points out.Although we are still strong in tech,we deliver core back office services,and that should enable us to deliver to shareholders.
We have a good business mix,from small to large enterprise to government.In Japan,the good news is there's stability with Fuji Xerox.We've been able to deliver a strong first quarter there.There will be some supply constraints in the second quarter from the earthquake and tsunami.
In the U.S.,we see improvement.We definitely are seeing the look-up.There's a little more stability and positive help from the government.People are feeling the improvement of '09 and '10.
We are affected by the swings of the yen on our cost basis and by commodities.As long as our clients who are multinationals in the U.S. do more business,anything that allows them to be more confident allows us to add to our employment,Ms.Burns explained.
The company strives to free businesses to focus on their customers by providing its signature office equipment as well as document production,management and business process solutions.
Xerox(XRX)

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