Colour installs, which were led by increases in the sales of its new DocuColor 240/250 multifunction printer and the firm's flagship iGen3, grew by 58%. Monochrome products, which include the Xerox 4110 light production system, increased by 19%.
"Equipment sales were impacted by a more significant shift in product mix with stronger sales of lower-priced systems," said Xerox chairman and chief executive Anne Mulcahy. "Demand and install activity accelerated for key products like entry-level colour production systems."
Mulcahy added that the firm's colour revenues rose by 5% to account for 32% of the total in 2005.
Fourth-quarter revenues fell 2% to 2.4bn ($4.3bn), while net income rose 18% to 159m. For the full year, revenues were flat at 8.9bn, while net income rose 14% to 553m.
Have your say in the Printweek Poll
Related stories
Latest comments
"Very insightful Stern.
My analysis?
Squeaky bum time!"
"But in April there was an article with the Headline "Landa boosts top team as it scales up to meet market demand", where they said they came out of last year’s Drupa with a burgeoning order..."
"Yep. Tracked is king."
Up next...
Print services required
Trio of new tenders up for grabs
Greater automation and ease-of-use
Konica Minolta enhances AccurioPress C7100 series
Energy savings and wider gamut
Wilmot-Budgen takes first LED Onset
Weekly one million mark