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It's like printing money
From: David Farber <dave () farber net>
Date: Wed, 17 Nov 2004 10:22:25 -0500
Begin forwarded message: From: Monty Solomon <monty () roscom com> Date: November 16, 2004 11:21:31 PM EST To: undisclosed-recipient:; Subject: It's like printing money It's like printing money The cost of personal computing has been driven down by technology and competition, but ink is still high-priced -- and profitable By Robert Gavin, Globe Staff | November 1, 2004 Forget the next big thing. The real money in technology is being made from a product first introduced some 5,000 years ago: ink. As consumers and businesses spit out computer-generated letters, reports, and photographs, the US market for ink cartridges is soaring into the tens of billions of dollars. Ink cartridge shipments are projected to exceed $34 billion this year -- more than double the value of printer shipments -- and then grow by about $1 billion a year through at least 2007, according to IDC, the Framingham research firm. Needless to say, this big and growing market is sparking a rush for this liquid gold. Original manufacturers, like industry leader Hewlett-Packard Co. of Palo Alto, Calif., are investing hundreds of millions of dollars into building a better ink cartridge while a growing legion of remanufacturers, resellers, and refillers are devising methods they hope will produce cartridges of similar quality, but at lower costs. Among the latest entrants: Cartridge World, an Australian franchiser that opened its first New England store in Weymouth in June, and Staples Inc., the Framingham office supplies retailer. Also coming to a store near you: an automatic cartridge refilling system for the home, introduced last year by Inke Private Ltd. of Singapore and selling for about $70. ...http://www.boston.com/business/technology/articles/2004/11/01/ its_like_printing_money/
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- It's like printing money David Farber (Nov 17)