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New m4/3 gear released in last 33 months

Started Feb 14, 2015 | Discussions thread
OP Henry Richardson Forum Pro • Posts: 21,959
Olympus camera business returns to profit
3

http://www.imaging-resource.com/news/2015/08/06/olympus-quarterly-numbers-show-profits-boosted-by-e-m5-ii-and-high-end-comp

Olympus’ numbers for this quarter have been released, and after a few years of red, the Japanese company is finally seeing green.

Olympus’ camera devision amassed an operating profit of 1.1 billion yen (approximately US$8.8 million) this past quarter, a massive improvement considering a year ago the numbers showed a 1.9 billion yen (approximately US$15.2 million) loss.

This impressive profit is helped thanks to a 26% increase in mirrorless camera sales year-over-year. Compact camera sales have dropped 11%, but sales revenue has remained the same thanks to consumers opting for the company’s more high-end compact camera models.

It looks like Olympus is not dead yet.

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Henry Richardson
http://www.bakubo.com

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