News: Canon cuts profit forecast on first annual drop in high-end camera sales

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Howard
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News: Canon cuts profit forecast on first annual drop in high-end camera sales
9 months ago

http://news.yahoo.com/canon-cuts-profit-outlook-camera-slump-drags-062539163--finance.html

quote:
"TOKYO (Reuters) - Japan's Canon Corp cut its operating profit outlook for the second quarter in a row, below analysts' estimates, warning that sales of its signature high-end cameras will fall this year for the first time since their launch in 2003."

Hint: maybe time to develop a few new products?

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Howard
cameras: 5DII, 50D, D60, Rebel 2000 (film)
lenses: 17-40 f/4 USM L, 24-105 f/4 USM L, 100-400 f/4.5-5.6 IS USM L, 24 f/3.5 TSE L, 35 f/2, 50 f/1.4 USM, 100 f/2.8 IS USM Macro L, 300 f/2.8 IS USM II, 430 EX II, 270 EX II, EF 1.4x TC III, EF 2x TC III, Kenko Pro 300 1.4x TC
personal website: http://www.travelerathome.com
blog: http://travelerathome.wordpress.com

 Howard's gear list:Howard's gear list
Canon EOS 5D Mark II Canon EOS 50D Canon EF 35mm f/2.0 Canon EF 50mm f/1.4 USM Canon EF 17-40mm f/4.0L USM +5 more
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