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The copier industry has been in the shitter for a couple of years now. Businesses have been taking buyouts and going into renewals on leases for a couple of years now. Getting businesses to upgrade 5-10 year old copiers they own is like pulling teeth. Copiers are starting to go the way of the typewriter regardless of who won the last election. It is what it is.Comment
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As I used to service dictation systems at hospitals as well as multi functions, I remember was made to go to a paperless medical records. Medical records jackets were all scanned to folders and removed from the nursing stations In order to expedite the scanning hospitals were either purchasing or renting high speed scanners.
Removing the record jackets created a new problem,doctors needed to have the patient's chart in hand when visiting a patient during rounds. Initial solution was printing the chart any time someone needed to visit a patient then after entering any new information throwing the chart in the shredder bin.This for a short time led to an increase in the amount of paper being used. Ultimately the hospitals had to purchase pad computers for their staff to use and barcode scanners to read the patient wrist bands to pull the appropriate record. Doctor's offices put computers in the exam rooms.
What ever the challenges presented the intuitive dealers will come up with a solution.Comment
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The current situation in copier/printer world reminds me a lot of the last days of the typewriter business where I began my career in the late 80s. The typewriter industry was a really good industry until it wasn't. Right now the copier industry feels like the typewriter business in 1992 right before the bottom fell out and the typewriter went the way of the DoDo Bird. Businesses just don't need or want the big office copier that is all of our bread and butter anymore.Comment
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... after a lease expires it is not uncommon for a dealer to escalate the cpc and remove expensive parts from what is covered in the service contract.
It is unlikely the customers print volume will significantly increase.
Meanwhile, the sales rep and the dealer starves because the possibility of selling a new copier and earning commissions is kicked down the road to some indeterminate date as customers try and avoid paying unjust tariffs.
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Toshiba America, because of tariffs, was recently forced to raise copier hardware prices.Comment
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WTF! Trump reverses tariff exemptions on Chinese made cell phones, laptops and various other electronics by reclassifying them as tariffed goods.
Donald Trump walks back tariff exception for phones, tech. What you need to know
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You must work in a different industry than I do. I had an outstanding month of March selling new copiers to eager customers.
Almost all of the cpc clicks lost during COVID have returned.
For business that want to keep their 7-10 year old copiers (which are a very low % of customers), I cancel the service contract, wish them good luck and walk away. I sometimes get a call a week or two later from that same customer asking me to come back to talk about a new/ used copier right sized to meet their needs.
The copier industry combined with solution sales has many years of longevity ahead of it.
Copier prices are rising because of Trump tariffs which will make it harder to sell new copiers. We might have to amortize a lease over a longer 72 month term to keep the payment the same and then upgrade them early five years from now.Comment
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CBP says latest tariffs have generated $500 million, well below Trump’s estimate- U.S. Customs and Border Protection told CNBC the department has collected more than $500 million under Trump’s latest tariffs.
- Trump has repeatedly said the United States is taking in $2 billion per day from tariffs.
- CBP says the average $250 million a day was collected even during the glitch that impacted freight already on the water.
U.S. Customs and Border Protection appears to be contradicting President Donald Trump’s comments on the daily revenue generated by his latest slate of tariffs.
The agency said in a statement to CNBC on Monday, “Since April 5, CBP has collected over $500 million under the new reciprocal tariffs, contributing to more than $21 billion in total tariff revenue from 15 presidential trade actions implemented since Jan 20, 2025.”
The update comes after a 10-hour glitch in the finance system prevented U.S. importers from inputting a code that would have exempted freight that was already on the water from being subject to the higher duties.
“Even during the brief glitch, CBP’s average $250 million/day revenue stream remained uninterrupted,” CBP said in its statement.
Trump has repeatedly said the United States is taking in $2 billion per day from tariffs, including revenues directly resulting from his so-called “reciprocal” tariffs.
The most recent data released Monday by the Treasury Department shows the department’s daily statement of total deposits listed under “Customs and Certain Excise Taxes” as $305 million. All tariffs are collected by U.S. Customs at the point of entry.
In early April, the Trump administration imposed steep tariffs on dozens of countries. Hours later, it temporarily lowered most tariff rates to a universal 10%, except for tariffs on China, which it ratcheted up. Meanwhile, the administration maintained sector-specific tariffs on the automotive industry and is expected to announced new trade policies for the pharmaceutical industry.
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California the 1st state to sue Trump administration over tariffs
California, with the biggest state economy, says it will be impacted the most by unilateral Trump move
California Gov. Gavin Newsom said Wednesday that his state will file a lawsuit challenging U.S. President Donald Trump's authority to impose sweeping tariffs that have set off a global trade war.
The suit will argue that Trump's use of the International Emergency Economic Powers Act to impose tariffs on Mexico, Canada and China, or a 10 per cent tariff on all imports, is unlawful. The act enables a president to freeze and block transactions in response to foreign threats.
Trump has offered many justifications for increasing tariffs, including that they are designed to spur U.S. manufacturing and stop the flow of illicit fentanyl into the country.
California's move follows rapidly changing tariff plans by the Trump administration. It is the first state to take legal action over the tariffs, which have been previously legally challenged in suits filed by law firms representing business owners and civil liberties organizations.
Newsom says the tariffs in effect have resulted in inflated costs and billions of dollars in damage in California, which has the largest economy among U.S. states and is a massive exporter.
"President Trump's unlawful tariffs are wreaking chaos on California families, businesses and our economy — driving up prices and threatening jobs," he said in a statement. "We're standing up for American families who can't afford to let the chaos continue."
As with Democratic lawmakers on Capitol Hill, California is arguing that congressional approval was required for the tariffs. Senate Democrats were joined by four Republicans in a symbolic vote rebuking Trump over the tariffs earlier this month, but Trump loyalists lead the House of Representatives, making a similar vote there unlikely.
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