Olympus back in the black, making profits

Started Nov 13, 2012 | Discussions thread
Chris_in_Osaka
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Re: Imaging still in the red, losing money
In reply to Gregm61, Nov 13, 2012

Gregm61 wrote:

sderdiarian wrote:

From an ongoing thread in Four Thirds Talk:

http://www.olympus-global.com/en/corc/ir/brief/pdf/n121112aE_n3.pdf

First 6 months of the 2013 fiscal year (March thru September 2012): Imaging net sales down 21.3% compared to the same period the year before. This is part of a much longer trend of Imaging losses going back at least 3-4 years (sorry, haven't taken the time to check details, simply been following it for about that time).

The E-M5 and TG-1 are indicated as bright lights (pg 3), with losses attributed to flagging sales of their compacts. I'm surprised they haven't jettisoned their many duplicate lower end compacts long ago, this not exactly being news.

Yep, maybe (maybe not) keeping their "Tough" series and the high-end XZ series. The rest of the compacts have to be money-losing fluff.

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"There's shadows in life, baby.." Jack Horner- Boogie Nights

I don't know anyone who uses compact cameras anymore, except my 62 year old mother. Most people I know take snap shots with their phones.

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