Will Nikon be out of business in 5 years?

Started 9 months ago | Discussions thread
Kenneth B
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Re: Will Nikon be out of business in 5 years?
In reply to Jeff_Donald, 9 months ago

Jeff_Donald wrote:

Just something to think about when a company is so "invested" in just one business and not diversified.

Christopher Chute from market intelligence firm IDC predicts Nikon may be out of business in 5 years if the trend continues.

“You’re talking about a 10-15% decline in DSLR shipments all over the world. Which is kind of shocking because that market’s been growing double digits for almost ten years. Nikon recently said they have a five year plan to address this. And my view is, that five year plan should have come out five years ago. They’re not going to be around in five years.”

Let's hope for the industries sake that this is not the case.

Hmmm ok not diversified.  From a consumer point of view no they are not they only do cameras but from an industrial point of view they're in pretty good shape.  Now if he means by out of business they may decide to close or sell the camera business ok but that's not my definition of out of business.

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Kenneth Berntsen

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