What's wrong over at Oly ...
Actually the numbers I thought were interesting from the 3Q results.
At 3Q results Olympus forecast for the full year to March 2013, the camera division would make (yen) 110bn of sales and a loss of 16bn.
6m ago at 1Q results, Olympus forecast that the camera division would make (yen) 149bn of sales and 1bn of profit.
So in 6 months they have revised down their forecast for sales by 30%. And people wonder why inventories have risen.
|Dirt Hose by poppyjk|
|European bee-eaters by drvanger|
from A Big Year - birds
|Fat Is Beautiful Guinea 2008 DP by MarioSS|
from - Fat is Beautiful - (Woman's Portrait n Black and White+ A Border)