Olympus: End of the line for (full-sized) 4/3?

Started Feb 13, 2013 | Discussions thread
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justmeMN Veteran Member • Posts: 3,728
Bloomberg: Olympus Camera Losses Worsen

"Olympus Corp., a Japanese digital camera and endoscope maker, slumped the most in more than three months in Tokyo trading after cutting its outlook for profit on an impairment loss at its imaging division."

"Olympus said it expects to lose about 16 billion yen this fiscal year at its camera business, double the 8 billion yen target set in November. The company intends to have a reorganization plan ready for its camera operations by the time it announces earnings for the year ending March, Senior Executive Director Yasuo Takeuchi said."

http://www.bloomberg.com/news/2013-02-12/olympus-cuts-profit-forecast-on-impairment-at-imaging-business.html

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