IPG no longer exists, yet "Printing" is report separately at $5.5B, in Q3. YTY growth has been dropping steadily all year, and operating income hangs in around 18%.
Meg mentioned "managed print services" more often than most of the other reports and referred to a change in the "go to market strategy".
$HPQ reports strong movement forward as a company, although the print business, especially supplies, is off.
Is it time to sell the print business? Have any idea what the multiplier would be for IPG?
How about a suitor? Canon?
Better yet, you know those people who show up at 5:30 in the morning for your garage sale - they arrive before you've finished your coffee - but they get the best stuff, don't they? In the IT world, who would that be?
Yeah, Lenovo.
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