Canon is in trouble!

Started Oct 25, 2012 | Discussions thread
Tazz93
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I think the report is completely respectable.
In reply to Ramesh, Oct 26, 2012

Considering the hurdles they are dealing with the numbers look fine. I didn't look back to see what the projected numbers where but I would assume they hit it or better. What looks interesting though is their inventories, are up 110%+ year over year. That aligns their optimistic projections for the 4th quarter sales, being they will obviously be trying to clear out excess inventory. This is probably the reason for the price cuts that have been moving the 5DII & III markets.

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