Control Data Corp and Xerox Corp first quarter figures came through just after today’s page five was dispatched to the printer: CDC saw a profit of $3.5m for the period – all down to exceptional items – down 54%, on sales down 6.5%, and blamed losses in computer systems, supercomputer operations and VTS, which were partially offset by positive results in information services, Imprimis and government systems; Xerox had a dull first quarter with net up only 4% at $158m, and blamed extreme inflation, devaluation and price freezes in Brazil.
