Tepper said the figures don't include high-volume printer and copiers that can print computer files over a network.
Questions also remain about whether Xerox booked sales from copier leases in Latin America in a manner that may have recognized profit early. The Securities and Exchange Commission is reviewing Xerox's accounting practices.
In May, Xerox revised financial statements for the prior three years to increase net income by US$127 million in 2000 and US$50 million in this year's first quarter.
The way leases are accounted for will "change significantly," Mulcahy said. "Not necessarily because of accounting [methods] but because we are looking to outsource financing to third parties and that totally changes the way leases are accounted for."
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