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RE: LeoThread 2024-09-16 11:36

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However, Xerox's downfall came from its inability to capitalize on its own innovations. Comfortable with the revenue from its copier business, the company became complacent and failed to push forward with its other inventions. Competitors soon outpaced Xerox, using the very technologies Xerox had pioneered. Today, Xerox's stock price has plummeted from over $150 to below $10.