Word: copier
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Since Xerox brought out the first electrostatic copier in 1960, more than 40 companies have elbowed into the increasingly profitable but competitive business, whose sales of $600 million are rising 20% annually. Into the field last week came another major manufacturer: Los Angeles' huge Litton Industries (fiscal 1965 sales: $916 million). As the first of what will ultimately become a whole family of copiers, Litton introduced the desktop Roy fax 7, which spins out seven dry copies a minute, reproduces documents as varied as 51-in. invoices and 362-ft. seismographic tapes. Introducing a tantalizing gimmick, Litton plans...
...deeply committed to the film business that it plans to erect a nine-building complex of film plants over the next ten years. Land is also developing a film that will produce instant color transparencies, and negotiating with Tex Thornton's Litton Industries to enter jointly the office-copier business. Polaroid recently opened a film plant in The Netherlands, this fall will open another in Scotland; later this year, U.S. Time will begin producing Swingers in Scotland. One indicator of Polaroid's foreign potential is that in camera-heavy West Germany, despite higher prices than...
...leaders, he succeeded in tracking 13 to their original homes in England, and has re-created their lives in convincing detail. In total, he located the origins of 79% of Sudbury's first landowners. He spent two summers in England finding and photostating-if necessary with a portable copier, wired to his car battery-the relevant 17th century church records, legal notes, manor rolls and accounts. Deciphering the Latin shorthand and illegible handwriting of the period took hundreds of hours more...
...time when most of the glamour stocks have lost their charm, a company with the distinctive name of Xerox still holds on to its appeal. Xerox owes all of its astonishing market success to a complicated, desk-sized machine prosaically called the 914 Office Copier. There is nothing prosaic about what the 914 does: without muss, fuss, delay or extensive training of an operator, it makes copies on ordinary paper of almost anything that will fit on its Qin. by 14-in. plate - including a child's doll. Last week, thanks to the 914. Xerox stock closed...
...Distance. Xerox's profits are big because it costs the company only $2.500 to make each 914. which rents for an average $5.000 a year (rates: $95 monthly and 3.5? for every copy over 2,000). American Photocopy, SCM Corp., and Charles Bruning Co. now sell rival electrostatic copiers, but they require special papers. Xerox (which dropped the Haloid from its name in 1961) will come out with a smaller, desktop 813 dry copier next fall (probable rent: $40 a month), is developing a machine to apply xerography to facsimile transmission of documents by radio waves. Though Wilson expects...