Will Nikon be out of business in 5 years?

Started Oct 28, 2013 | Discussions thread
marike6 Veteran Member • Posts: 5,088
Re: And if it will, no one would care. ) n/t

PointOfView wrote:

Yeah, sure, because other than Nikon and Canon there are such great camera / optics companies left in the world. /sarcasm/

Nikon is one of the oldest camera companies having been around since 1917. They have adapted to every single change in the market and they will adapt to a decrease in compact sales just fine. Don't forget that they also make optics, one reason they are the one of world's largest manufacturers of steppers, which are used for semiconductors.

Those awful smartphones cameras will affect only a part of Nikon's overall business. And since they also make optics they will be just fine.

Nikon's net income and revenue are all up, something the armchair Nostradamus who wrote the IDC article neglected to mention. Besides that, Nikon is owned by Mitsubishi, Japan's largest trading company for whom Nikon is still extremely profitable, unlike some other camera companies / camera divisions...cough, cough...Olympus, Sony.

 marike6's gear list:marike6's gear list
Nikon Coolpix P330 Panasonic Lumix DMC-GH2 Nikon D800 Fujifilm X-E1 Panasonic Lumix G 20mm F1.7 ASPH +7 more
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