Canon is in trouble!

Started Oct 25, 2012 | Discussions thread
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aftab
aftab Veteran Member • Posts: 9,019
Re: Canon is in trouble!
4

Ramesh wrote:

3rd quarter financial report say that the profits are significantly down (~40%).

http://www.canon.com/ir/results/2012/rslt2012q3e.pdf

Sales of all their products including Cameras are down. I hope Canon wakes up. They cant hope to sell cameras with substandard sensors for long. They must update their sensor technology or lose further market to Sonikon.

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rr

Almost everybody is going through difficult times. Look at Nikon figures (2nd quarter, 3rd is not available), their net income is down by almost 50%

http://nikon.com/about/ir/ir_library/result/pdf/2013/13_1qf_c_e.pdf

Not saying that Canon shouldn't improve their sensor technology. They will. Everybody will. No reason to panic. I am happy that despite everything we have cameras like 5DIII, 1DX (and D800, D600, Nex.... etc. ).

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