Why Thom is wrong...

Started Sep 25, 2013 | Discussions thread
Eamon Hickey
Veteran MemberPosts: 3,166
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again with the mistaken paraphrasing
In reply to TrapperJohn, Sep 26, 2013

TrapperJohn wrote:

To top off this picture of unbridled arrogance, Nikon released that long tome not long ago on how the mirrorless market was not worth considering.

Why do you persist with this falsehood? Nikon said nothing of the sort. In an earnings projection -- i.e. a pure business statement for their shareholders -- among many, many statements about their entire business, from point-and-shoot cameras to biological microscopes to steppers, Nikon revised their projection for FY2014 ILC sales downward by 550,000 units and attributed this mostly to the unexpected recent downturn in the mirrorless ILC market (a downturn that is absolutely undeniable, as is a similar downturn in the DSLR market and a crash in the point-and-shoot market).

They added one sentence saying they would reconsider their product planning for the Nikon 1 system, which means they are trying to figure out how to make that business meet its sales targets.

And they just introduced a new Nikon 1 model. Did you miss that?

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