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HP To Take Printing Digital

In an effort to keep up with the digital age, Hewlett-Packard this week is expected to introduce a new line of printers with Web access, their own email addresses and touch screens, reports The New York Times. HP announced the product at the opening enevt of Internet Week in New York. "These products should open up new ways for people to print from Web services like Google Docs, and from smartphones and devices like the iPad," writes The Times.

According to analysts, HP's print business is just as uncertain as it is critical to the health of the company. "Investors are worried about printing," says Ben Reitzes, an analyst with Barclays Capital. "It's really important that they get this right." Indeed, according to The Times, HP's printing division accounts for about a fifth of its revenue and a third of its profits. To support its new strategy, HP is presently developing a Web site, dubbed the ePrintCenter, which will serve as "the kind of app store that Apple, Google and others have for their smartphones," writes The times. "The idea is that the partners -- so far, H.P. has lined up 40 -- can build software and services for its Web printers."

Read the whole story at The New York Times »

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