Regarding the compact camera sector:
"Canon cut its annual sales forecast for compact digital cameras to 9.5 million units from the previous target of 10.5 million units." -Bloomberg
Compact camera sales are sharply down, but millions of them are still sold. (I used Canon's numbers, because I don't know Sony's numbers.)
brownie314: wow - exciting times for Canon. Another DOA product. Good work.
LOL! Gear Geeks can't cope with the reality that cameras like this sell well.
How *dare* Canon make a camera that's not designed for the enthusiast niche. It's an outrage! :-)
beavertown: Why Nikon moans about the company's profit drops sharply while deliberately releases a camera like the V3 that Nikon has no intention to sell a lot by putting a sky high price tag?
Camera companies love the concept of high-margin, high-profit, cameras, but camera buyers have other ideas.
MikeReidDesign: Why do cameras cost so much these days? Seems like the prices keep rising every year.
Older camera models are the best value. On AmazonUSA, the best selling interchangeable lens camera right now is the old Canon Canon T3i/600D, at $549. The best selling Nikon1 is the old J1, at $259.
Nikon stock has a one year return of -33%, according to Bloomberg.
Nikon badly needs to come up with a sales blockbuster. The V3 isn't it.
sandy b: I will get one just for birding, that makes it worth the price of the ticket alone. The V3 and CX70-300 cost over $2000, and is well worth it.
Look at the Nikon 1 forum at the BIF and other shots with the combo. Incredible. Hand held 810 mm equiv. with amazing AF. For low light I have my D600. For everything else I am getting a V3. I like how Nikon has reacted to the market and made the enthusiast model.
Now, either get the Sony sensor or tweak the Aptina, and it will be a do anything camera.
I'll wait for the V8 in Tomato Red color.
vFunct: Too bad only engineering geeks care about image quality.
REAL photographers don't care about image quality at all. Image quality is only for measurebators, and they do not matter.
If clients won't even notice any low-ISO noise, why would the photographer care?
@vFunct: If you don't care about image quality, buy a low-end camera, that costs less than the (US bundle) $1,199.95 Nikon 1 V3. If you want to stick with the Nikon 1 line, there are many models cheaper than this one. If you want to look elsewhere, there are even more alternatives.
Mirrorless enthusiasts contend that it's costs less to manufacture a mirrorless camera than it does a DSLR. That doesn't seem to be reflected in the "launch prices" of mirrorless cameras, certainly not this one.
Oh no, the dreaded Participation Ribbon rather than an Award. :-)
In the past, Nikon had a huge overproduction/oversupply of Nikon 1s, so it's understandable that they would err on the side of caution.
On the other hand, being consistently wrong in demand forecasting doesn't exactly maximize profits.
I'm skeptical of pancake zooms, because they tend to sacrifice quality for compactness. (e.g. Sony) Hopefully, this one is good.
wetsleet: I'm constantly amused by so many armchair experts pontificating to whichever manufacturer how to fix their cameras and pricing to make them sell, and then just carry on with their mantra regardless when, guess what, the camera sells as-is, due - but of course - to a gullible public who sadly lack the archair experts' expertise and tragically don't realise that they should be buying a different camera at a different price.
@wetsleet Nikon management is doing such a "great" job, that the one year return on their stock is currently -32.72%, according to Bloomberg.
They should apologize for the US$1,199.95 suggested retail price, for a camera with a 1" sensor.
A USA First Impression would be a "gasp!" at the $1,199.95 kit price here, for a camera with a 1" sensor.
I suspect that the Nikon 1 V3 has a much better kit lens than the Sony a6000. It wouldn't take much...
It should also get an Award for Worst Kit Lens. :-)
A bankrupt brand with no credibility in the current digital camera marketplace.
DPR: "We've tended to find this noise reduction can be rather heavy-handed, even in the 'low' setting, sometimes misidentifying low-contrast detail and blurring it away."
The USA is where mirrorless cameras (all brands) come to die and be dumped at deep discounts, so it's hard to blame Canon for not making current EOS M bodies and lenses available here.
Perhaps in the future, they will try again...