Canon is in trouble!

Started Oct 25, 2012 | Discussions thread
Shop cameras & lenses ▾
Tazz93
Tazz93 Senior Member • Posts: 1,526
I think the report is completely respectable.
1

Considering the hurdles they are dealing with the numbers look fine. I didn't look back to see what the projected numbers where but I would assume they hit it or better. What looks interesting though is their inventories, are up 110%+ year over year. That aligns their optimistic projections for the 4th quarter sales, being they will obviously be trying to clear out excess inventory. This is probably the reason for the price cuts that have been moving the 5DII & III markets.

 Tazz93's gear list:Tazz93's gear list
Canon EOS-1D Mark II N Canon EOS 350D Canon EOS 7D Mark II Canon EOS 5DS Canon EF 50mm f/1.8 II +14 more
Post (hide subjects) Posted by
B E
Keyboard shortcuts:
FForum PPrevious NNext WNext unread UUpvote SSubscribe RReply QQuote BBookmark MMy threads
Color scheme? Blue / Yellow