Olympus: End of the line for (full-sized) 4/3?

Started Feb 13, 2013 | Discussions thread
justmeMN
Senior MemberPosts: 1,645
Like?
Bloomberg: Olympus Camera Losses Worsen
In reply to Sean Nelson, Feb 13, 2013

"Olympus Corp., a Japanese digital camera and endoscope maker, slumped the most in more than three months in Tokyo trading after cutting its outlook for profit on an impairment loss at its imaging division."

"Olympus said it expects to lose about 16 billion yen this fiscal year at its camera business, double the 8 billion yen target set in November. The company intends to have a reorganization plan ready for its camera operations by the time it announces earnings for the year ending March, Senior Executive Director Yasuo Takeuchi said."

http://www.bloomberg.com/news/2013-02-12/olympus-cuts-profit-forecast-on-impairment-at-imaging-business.html

Reply   Reply with quote   Complain
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark post MMy threads
Color scheme? Blue / Yellow