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The printer industry is in a rut.
With the digitization of, well, nearly everything, people just don’t print like they used to. More modern ways of storing and sharing information, changes in communication preferences at home and in offices, and environmental concerns have stonewalled the printing industry and challenged stakeholders like HP.
I’d argue that it’s not just technological, economic, and societal changes that have diminished printer businesses. For the average person, printers and their capabilities have become boring. When’s the last time you’ve heard of a new killer printer feature?
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