Apple has officially exiting its printer business after more than 40 years of the company by selling its part of the business to the Lexington, Kentucky-based private company Lexmark in 2023 as part of its restructuring effort.
Apple CEO Tim Cook said its claims that the company will no longer producing or selling its printer business anymore and the company would be focused on its Apple brands like iPhone, iPad, iMac, Apple Watch and MacBook, and by transferring its printer operations to Lexmark and because the Apple was one of the largest technology companies who makes smartphones that compete against with behind Samsung and Chinese brands.
