Olympus profit - the cat is out of the bag (a little early)

Started Oct 29, 2013 | Discussions thread
Abrak Veteran Member • Posts: 4,053
Re: on that forecasted 86% uptick

MichaelKJ wrote:

One really does have to wonder what's behind such a wildly optimistic forecast. Let's hope that production isn't currently being ramped up based on a projected 86% increase in 2H.

I do think it is good that Olympus is finally dumping most of their compacts and downsizing. I also think most of us would agree that the E-M1 will be a success. However, given the down market and intense competition, I'm less optimistic about PEN sales.

Well there tends to be some second half shift in the business (not a lot last year) because it covers the Xmas period. And of course we have the E-M1 launch.

Speaking of which the E-M1 does seem to be doing well. Pre-orders are ahead of where the E-M5 was at a similar stage of the launch. Whether this will last is another matter. The E-M5 was a bit of a sleeper and gained sales on word of mouth - I tend to think that a lot of E-M5 owners were quick off the mark to hump to the E-M1.

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