Xerox pulls 2020 profit, revenue forecasts on coronavirus worries

By

Citing coronavirus and cancellation of its US$35bn takeover campaign for HP Inc.

Xerox pulls 2020 profit, revenue forecasts on coronavirus worries
Xerox Holdings Corp pulled its 2020 revenue and profit forecasts on Tuesday, citing economic uncertainties from the coronavirus outbreak, which had resulted in the cancellation of its $35 billion takeover campaign for HP Inc . Xerox has been witnessing a decline in demand for its printers and ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
financial serviceshardwarehpsoftwarexerox

SPONSORED RESOURCES

AI Expense Management
AI Expense Management
Closing the cyber security execution gap: How IT leaders are building cyber resilience
Closing the cyber security execution gap: How IT leaders are building cyber resilience
Tech Skills Report
Tech Skills Report
Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific
Rethinking Ransomware Recovery: Closing the Detection and Recovery Gap in Asia Pacific
Strategies to Counter the Ransomware Threat in APJ
Strategies to Counter the Ransomware Threat in APJ

Events

Most Read Articles

Westpac reveals AI cut data warehouse migration cost from $70m to $35m

Westpac reveals AI cut data warehouse migration cost from $70m to $35m
NAB deploys AI for staff called 'Ruby' that is built on Anthropic

NAB deploys AI for staff called 'Ruby' that is built on Anthropic
IAG's SAP migration brings process and data into sharp focus

IAG's SAP migration brings process and data into sharp focus
Meet Adapt, Westpac's Azure-based enterprise data platform

Meet Adapt, Westpac's Azure-based enterprise data platform
Melbourne MSP listed for sale after going into administration
Melbourne MSP listed for sale after going into administration
Fast50 Channel Accelerator Award finalists revealed
Fast50 Channel Accelerator Award finalists revealed
xAmplify appoints Tom Scicluna as CEO
xAmplify appoints Tom Scicluna as CEO
QLD data and AI consultancy Codex deploys Amazon Quick
QLD data and AI consultancy Codex deploys Amazon Quick
DX1 appoints Tim Hope as group CTO
DX1 appoints Tim Hope as group CTO

Log In

  |  Forgot your password?