Xerox warns as business slowdown worsens


Xerox (XRX) sells copiers and printers used in the smallest business and the largest. Its least expensive machines sell for $549, which means that, on a lease, they only cost $20 or $30 a month. At the higher end of its product line, it markets a $17,995 super work station.

So, it says something about the very broad business economy when Xerox reports that its business is falling apart.