Hammered by the economic crisis that began in 2008, the printer and printer ink cartridge industries suffered a first-ever year-on-year drop in profits in 2009. Market research firms have released data showing the sectors’ profits fell by at least 2% from the previous year’s figures.
No wonder some industry executives are often pictured with some unprintable faces and are often heard with unquotable, not exactly filled with optimism quotes. But do not throw in that towel yet. The worst may yet be over, the bad news done and on their way out.
Some industry analysts are saying they have seen signs of recovery for the market. And who are we to contradict them. After all, we are all hungry for some good news.
Research firm Lyra Research, for example, has argued that “print volumes for desktop inkjet printers are expected to begin growing rapidly in 2012 as the technology enters more and more small office environments.” Beyond those technological gobbledygook and jargon, what those market data purveyors are telling us that the bad times are about to end, and the good times (together with their prone-to-overexpansion risks) are upon us once again.
And not a moment too soon.
Via: mb.com.ph
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