Will Nikon be out of business in 5 years?

Started Oct 28, 2013 | Discussions thread
pavi1
Veteran MemberPosts: 5,227Gear list
Like?
Re: Nikon is one of the two most profitable camera companies...
In reply to meland, Oct 30, 2013

meland wrote:

marike6 wrote:

Nikon is one of the two most profitable camera companies in the world so if the assumption is that Nikon will be out of business in 5 years so will ALL of the other companies who aren't even profitable now in the digital age.

Nikon is one of the oldest camera companies having been around since 1917. They have influenced and adapted to every single change in the market and they will adapt to a decrease in compact sales just fine. Compact are only a small part of Nikon's business.

And they don't only make cameras, but also produce world class optics, and are one of world's largest manufacturers of steppers, which are used for semiconductors.

Smartphones (which I'm not sure should even qualify as real cameras) will affect only a small part of Nikon's overall business. And since they make optics, enthusiast cameras, and support a huge network of professional photographers with their SLR system, they will be just fine.

Nikon's net income and revenue are all up, something the armchair Nostradamus who wrote the IDC article neglected to mention.

Profit?

Yes, profit. Not a hard word. Only one loss year in the last ten.

-- hide signature --

Everything happens for a reason. #1 reason: poor planning
WSSA #44

Reply   Reply with quote   Complain
Post (hide subjects)Posted by
nNew
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark post MMy threads
Color scheme? Blue / Yellow