New HP Printers for Small Business

HP has recently launched a printer targeting small and medium businesses, or SMB for short. This is not the first product from HP that is targeted at small & medium businesses. The new printer that Hewlett-Packard came up with is a solid printer called the Laser Jet Pro 100 color MFP M175nw.

HP is the world’s leader in printing technology. The company is known for its reliable, quality, and cutting-edge products. The Laser Jet Pro 100 color MFP M175nw is small with automated on/off and other superb features. It saves energy and helps reduce carbon emissions in the process.

With the Laser Jet Pro 100 color MFP M175nw, users can connect their printer to the Internet via Ethernet or via a wireless network. Another amazing thing that makes this printer stand out is that with the Internet, you can connect your Smartphone, iPad, or any other mobile device to the printer for printing.

The newest printer is reasonably inexpensive and good for those who are always on the move. With the Laser Jet Pro 100 color MFP M175nw, you don't need a scanner or a photocopier since this printer includes a scanner and a photocopier. Sounds like a moving office to me.

Other HP News

In other news, HP has also collaborated with Stratasys Inc. The move further consolidates the company's position as the leading manufacturer of computers and printers. The deal allows HP to claim a leadership role in the world of 3D printing. Their computer products are known worldwide for durability.

HP has annual sales in excess of over $100 billion. Its imaging and Printing Group (IPG) has a yearly revenue growth of over 5.0% and a 17.1% growth in operating margin as of the second quarter of 2011. As IPG continues to grow, HP share prices are ever on the increase. All HP printing sectors continue to show strong growth.

The company has also announced an increase of about 12% of total printer unit shipments. Consumer and commercial printer units were also up by 4% and 41% respectively. HP continues to lead by many steps with cutting edge graphic arts, commercial printers, and ePrint technologies.

HP relies on parts from Japan. The effects of the earthquake and Tsunamis in Japan did not seem to affect HP's growth. Experts are of the opinion that this might cause a drag on future growth. The company also faces strong competition from Microsoft, Dell, Apple, and Cisco Systems.

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-By Dominic

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