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Did Xerox have greater profits in sales or leases in the early years?

Updated: 8/16/2019
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Njstremmel

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12y ago

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When Xerox Corporation first offered a xerographic photocopier, the machine was too expensive for most businesses, so a leasing plan was developed. As a result, in the early years of copier machine manufacturing, Xerox had greater profits from leases than from sales.

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