Why Are Cameras Dying Off?

Started Jul 13, 2013 | Discussions thread
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jmgiv Contributing Member • Posts: 587
Why Are Cameras Dying Off?
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Not a particularly perky article.

john

http://www.nbcnews.com/technology/were-taking-more-pictures-ever-so-why-are-cameras-dying-6C10607491 .

"You would think that in a world where hundreds of thousands of photos are shared every minute, camera makers would be absolutely in heaven. Instead, they're struggling to maintain both their income and their relevance...For almost a decade, digital camera sales mounted as people ditched their old pocket 35mm cameras for digital cameras of all shapes and sizes, with shipments peaking at 120 million in 2008. Then growth stalled...consumer trends — combined with the 2011 earthquake and tsunami that ravaged Japan, affecting camera makers' production lines — caused the photo industry to withdraw into a sort of stasis, from which, sales-wise at least, it has never emerged...While point and shoot sales are collapsing, taking billions off the bottom line, DSLRs and mirrorless systems are selling well. But if the Canons, Nikons, and Pentaxes of the world are not just to survive but to thrive, they need to change big time; hence the comments from Nikon's President."

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