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Canon CEO resigns.

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strange also that he will be replaced by his predecessor....not a good sign. Usually mulitnationals have a careful and long term strategy to select their leaders.

Fact is (imho) that Canon is struggling both in their strategy on mirrrorless, and in their strategy towards Nikon.

On both counts Canon has become more of a follower than a leader, and that is not what will make the shareholders happy (and neither us fanboys ;-) )

--
cheers,

****
 
quota said:
strange also that he will be replaced by his predecessor....not a good sign. Usually mulitnationals have a careful and long term strategy to select their leaders.

Fact is (imho) that Canon is struggling both in their strategy on mirrrorless, and in their strategy towards Nikon.

On both counts Canon has become more of a follower than a leader, and that is not what will make the shareholders happy (and neither us fanboys ;-) )
Click to expand...
No, not a good sign at all. Fact is, Canon got a wakeup call long ago with the D3. If they haven't been able to figure out what was coming by now, well, they're not going to be back in the race for a while.

If they choose the "budget route", e.g. 5D3 for $2K, then that's one thing. But if that 22 MP 5D3 comes out at $3K, and doesn't beat the D800 at something besides pixel-for-pixel noise (as opposed to photo-for-photo noise), then it's not gonna be good times ahead for Canon.
 
It seems to me the president resigned, while the former president, current CEO, will take his place.

(maybe that doesn't really make a difference)
 
Also because it is the president, not the CEO :-)

"Tuneji Uchida, Canon's current 70-year-old president, will resign from his position on March 29, 2012. Fujio Mitarai, Canon CEO and chairman who served as president from 1995 to 2006, will replace him."
 
.......maybe he's knows what Canon's answer to the D800 is - ie the 5d3, & wanted to leave before it was announced.

.......oh no, wait, the CEO of Canon probably isn't allowed to know the specs of the 5d3 either, he probably has a alias on here guessing & picking up the rumours like the rest of us to find out what his own R&D team are up too ;-)

.....seriously though, as a 5d2 owner, there is not much to improve on it, 36mp D800 or no 36mp D800 being announced, considering the 5D2's age in a fast moving market, it is aging exceptionally well I think.
 
Great Bustard said:
Would be silly to think that the D800 had anything to do with it, but I don't think it's silly to think it might hint that Canon's been sleeping while others have been busy.
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Could be.

Could also be because he is 70.

...The great news there is the fact that they are being hit by the weak economy and exchange rates, up to the point of expecting a rise in earnings but battered profits for 2012.

This is the only factor acting to control offering prices as the other one (competiton) is pretty much a rigged game.

PK

--
“Loose praise may feed my ego but constructive criticism advances my skills”
************************************************************
-------------------------------------------------
http://www.pbase.com/photokhan
(PBase Supporter)
 
quota said:
strange also that he will be replaced by his predecessor....not a good sign. Usually mulitnationals have a careful and long term strategy to select their leaders.

Fact is (imho) that Canon is struggling both in their strategy on mirrrorless, and in their strategy towards Nikon.

On both counts Canon has become more of a follower than a leader, and that is not what will make the shareholders happy (and neither us fanboys ;-) )

--
cheers,

****
Click to expand...
Hold the phone - Canon may have 'multinational' operations - but it's a -Japanese- company through and through, which means it will typically not operate in the logical way we would expect it to....
 
Great Bustard said:
quota said:
strange also that he will be replaced by his predecessor....not a good sign. Usually mulitnationals have a careful and long term strategy to select their leaders.

Fact is (imho) that Canon is struggling both in their strategy on mirrrorless, and in their strategy towards Nikon.

On both counts Canon has become more of a follower than a leader, and that is not what will make the shareholders happy (and neither us fanboys ;-) )
Click to expand...
No, not a good sign at all. Fact is, Canon got a wakeup call long ago with the D3. If they haven't been able to figure out what was coming by now, well, they're not going to be back in the race for a while.

If they choose the "budget route", e.g. 5D3 for $2K, then that's one thing. But if that 22 MP 5D3 comes out at $3K, and doesn't beat the D800 at something besides pixel-for-pixel noise (as opposed to photo-for-photo noise), then it's not gonna be good times ahead for Canon.
Click to expand...
Improvements in low noise at hi ISO canabalizes high end glass in low light

300 F2.8 IS vs 300 F4 IS - $4K diff

So they'll not go there
 
MAC said:
Great Bustard said:
quota said:
strange also that he will be replaced by his predecessor....not a good sign. Usually mulitnationals have a careful and long term strategy to select their leaders.

Fact is (imho) that Canon is struggling both in their strategy on mirrrorless, and in their strategy towards Nikon.

On both counts Canon has become more of a follower than a leader, and that is not what will make the shareholders happy (and neither us fanboys ;-) )
Click to expand...
No, not a good sign at all. Fact is, Canon got a wakeup call long ago with the D3. If they haven't been able to figure out what was coming by now, well, they're not going to be back in the race for a while.

If they choose the "budget route", e.g. 5D3 for $2K, then that's one thing. But if that 22 MP 5D3 comes out at $3K, and doesn't beat the D800 at something besides pixel-for-pixel noise (as opposed to photo-for-photo noise), then it's not gonna be good times ahead for Canon.
Click to expand...
Improvements in low noise at hi ISO canabalizes high end glass in low light

300 F2.8 IS vs 300 F4 IS - $4K diff

So they'll not go there
Click to expand...
They'll go there.

Economy lenses are for the budget minded, with or without a high ISO sensor cameras, which in the next generation, even from Canon, will be available for those on a budget.

Wide apertures today are for creativity, not extra light. That is what modern high ISO sensors allow, and it is indeed a dramatic change since the days of film and early low ISO electronic sensors. It has reduced the marketing value of such things as f/1.2 lenses, as an example, because they don't actually have any real creative advantage over a typical f/1.4 lens of the same focal length.

Changing world, with changing values...
 
According to Reuters and Bloomberg he stepped down around 30th January based on the profits

And not as some people seem to be making out because of the now offical spec of the new Nikon D800
 
LDunn1 said:
.....seriously though, as a 5d2 owner, there is not much to improve on it, 36mp D800 or no 36mp D800 being announced, considering the 5D2's age in a fast moving market, it is aging exceptionally well I think.
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You're not very demanding, are you?

The 5D2's main qualities are that it is full-frame, and has 21MP, which was close to the best until the D800 came along. The 5D2 is a sub-standard camera in many ways, and shines only in ideal conditions.

--
John

 
the rumored 22 MP 5D3 (if true) needs to be shelved immediately even if it takes longer to get a relevant cam to market.

I am too upside down right now in the D3x to think about dumping it for the D800, but I would love a 30+ MP 5D2 replacement.
Great Bustard said:
http://www.dailytech.com/Canon+President+Steps+Down+CEO+to+Take+Over/article23885.htm

Would be silly to think that the D800 had anything to do with it, but I don't think it's silly to think it might hint that Canon's been sleeping while others have been busy.
Click to expand...
--

Rick Knepper, photographer, photography never for sale, check my profile for gear list and philosophy.
 
Great Bustard said:
http://www.dailytech.com/Canon+President+Steps+Down+CEO+to+Take+Over/article23885.htm
Click to expand...
Did you read the article? It is the president that is stepping down. The current CEO will take over as president.
Great Bustard said:
Would be silly to think that the D800 had anything to do with it, but I don't think it's silly to think it might hint that Canon's been sleeping while others have been busy.
Click to expand...
The Canon camera business is part of the Consumer Business Unit. That unit is less than a third of the total sales of Canon and in addition to cameras it also includes camcorders, inkjet printers and scanners. So to think that a single camera model from a competitor could make the 70 year old president step down is not silly it is stupid.

Peter
 
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