It’s hard to believe just how small Xerox has become.
As of today, Xerox Market Cap is $6.9B. Compared to HP $41B, Canon $35.6B, Ricoh $8B. Even one of its former partners have grown more....Docusign is all the way up to $8.4B!
20 years ago, Xerox Was over $24B, now$6.9 of which activist investors own over $1.9B which means less than $5B in other investors!!
It just goes to show that Xerox can’t execute growth. It’s ripe for a sale. I could be wrong, but I don’t see anyone investing in a turnaround that hasn’t been attempted many times before. I am just not seeing anything positive. In fact morale and prospects have worsened.