View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 6, 1988

THE MATURE COPIER BUSINESS GETS THUMBS DOWN FROM ANALYSTS

By CBR Staff Writer

Poor Xerox Corp is like the child prodigy who achieved far too much, much too soon and spent the rest of his life vainly trying to repeat the trick – and the latest of its efforts to diversify and reduce its dependence on the mature copier business is getting an emphatic thumbs down from analysts who reckon that the company should sell its Crum & Forster financial services business but doubt that it would get its money back on the deal: the financial services adventure is only the latest in a string of unhappy attempts at diversification – Scientific Data Systems, the move into office systems, Shugart, the dismal display in the personal computer market, Ethernet, which has benefitted the whole computer world bar Xerox, the icon-based user interface dreamed up at the Palo Alto Research Center that has made a couple of fortunes for Apple Computer, scarcely a red cent for Xerox – summed up by the Wall Street Journal’s Heard on the Street column in the fact that in 1971, Xerox shares stood at $170, now they’re $61 – and there haven’t been any splits in the meantime.

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU