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In September 1994 HP introduced the Color LaserJet, the corporation's first color laser printer. The printer had an average cost per page of less than 10 cents. The Color LaserJet offered 2 ppm color printing and 10 ppm for black text, 8MB of memory, 45 built-in fonts, a 1,250-sheet paper tray and enhanced PCL 5 with color. It was priced at $7,295.
Ink cartridges are typically priced at $13 to $75/US fl oz ($1,664 to $9,600/US gal; $440 to $2,536/L) of ink, [15] meaning that refill cartridges sometimes cost a substantial fraction of the cost of the printer. To save money, many people use compatible ink cartridges from a vendor other than the printer manufacturer [citation needed].
Dot matrix printers have one of the lowest printing costs per page. [citation needed] They are able to use fanfold continuous paper with tractor holes. Dot matrix printers create noise when the pins or typeface strike the ribbon to the paper, [28] and sound-damping enclosures may have to be used in quiet environments.
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