See this really interesting interview with Olympus....

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VideoPic
OP VideoPic Senior Member • Posts: 1,857
Re: That’s rich of you to post given...
3

Raist3d wrote:

The thread you started on the em5.3 about if Olympus missed what people wanted

Did I hurt your feelings Ricardo? Apologies....

You know what the difference is..... I stepped back from my first emotional reaction on the EM5 III, did my own research to see and understand what is happening and in the process what I learned is positive and exciting......

Maybe it's time for you to do the same.....?

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See my Blog for general articles on the Olympus, Panasonic, Sony and other cameras.
https://myolympusomd.blogspot.com/
https://www.instagram.com/olympus_enthusiast/

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Raist3d Forum Pro • Posts: 40,106
Re: That’s rich of you to post given...
1

VideoPic wrote:

Raist3d wrote:

The thread you started on the em5.3 about if Olympus missed what people wanted

Did I hurt your feelings Ricardo? Apologies....

Oh no, you did not :-). How could you?

You know what the difference is..... I stepped back from my first emotional reaction on the EM5 III, did my own research to see and understand what is happening and in the process what I learned is positive and exciting......

Maybe it's time for you to do the same.....?

That's also interesting. Tell me, you think I think the EM5.3 is bad? Or does that mean "I got" the EM5.3 from the get go? What do you think?

I don't know- this is very simple Some people have different opinions and like to share their different perspective. It's good to not put the ego or self esteem on tools, but that's just me nowadays.

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
“The further a society drifts from truth the more it will hate those who speak it.” - George Orwell

VideoPic
OP VideoPic Senior Member • Posts: 1,857
Re: See this really interesting interview with Olympus....

justmeMN wrote:

VideoPic wrote:

It seems we have more than enough reason to be optimistic about Olympus....

until the company releases their latest camera-imaging division results on November 6.

Wow I am amazed at how quickly the doom and gloom posters appears - is the thread already showing at the first page so you can ran over - do think so?

To see the bigger picture you guys need to step back, see the bigger picture and NOT only focus on one line or a few words of one interview.....does that make sense?

Let me give you a hint:- After incorrect reporting (the scandal) that came out in 2012 much has happened. In fact there are many case studies on this....interesting study material if in fact you care to do your own research?

From 2012 Olympus has done much in terms of restructuring their imaging business and what we see happening in 2019 and forward is the result of that. Now surprise surprise it seems Olympus could even be better prepped for the future than some of its sleeping competitors you obviously support.....

My advice.....pls stop the negative talk about Olympus, you have no idea what you talk about and this is not a place to demonstrate how little you know.....

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https://www.instagram.com/olympus_enthusiast/

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VideoPic
OP VideoPic Senior Member • Posts: 1,857
Ouch so now Olympus are criminals.....
1

Kiwisnap wrote:

whumber wrote:

The surprising thing to me from this interview is that they seem to imply that the only difference between the E-M1ii/E-M5iii IBIS and the E-M1X IBIS is the new gyro sensors and some software updates. If that's true, I wonder why they wouldn't bring the new gyro sensor and algorithm to the E-M5iii.

Really?

You wonder why they would not steal one of the technological advantages that may be a selling point for their top camera and stick it in a model far further down the scale?

Coming soon - the Nikon D501 with all the advantages of the D5 but at 33% of the cost....

Did you noticed this discussion started as a full glass or positive discussion? Is it that hard to imagine the equipment you list is produced by a responsible global company?

Why the half full glass totally negative....... and now even stooping down to criminal accusations..... are you that desperate to demonize Olympus friend?

Did Olympus took your lunch pack away from you?

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See my Blog for general articles on the Olympus, Panasonic, Sony and other cameras.
https://myolympusomd.blogspot.com/
https://www.instagram.com/olympus_enthusiast/

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magnesus3 Contributing Member • Posts: 553
Re: Well, they were dealing with mafia not that long ago... nt

No text.

VideoPic
OP VideoPic Senior Member • Posts: 1,857
Such wild statements - why?
1

Really guys pls take some time and go do  a little reading. It is correct that the Japanese industry did practice financial reporting practices that were not acceptable by the West. Olympus was caught in 2012 as a result of many years of incorrect financial practices and reporting. The reason being a UK CEO appointed in 2012, he saw the irregularities and reported that.

Interesting is this was not only unique to Olympus, it happened at other well known corporates too......something unique about Japan at the time..... I am not an authority on the situation today but can imagine based on the severity of the global reaction & pressure on Olympus & the industry might look different today....

I realize some of you like to get on your "I am allowed to point the finger" high horse and then frame one company, Olympus a criminal mob...... Maybe you should look to the side while on your horse and look into China and a few others like the US....

You might just learn its more fun to focus on photography.....

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https://www.instagram.com/olympus_enthusiast/

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justmeMN Veteran Member • Posts: 8,708
Re: See this really interesting interview with Olympus....
3

VideoPic wrote: To see the bigger picture...

Here is the bigger picture:

Source: Olympus

Source: Olympus

Raist3d Forum Pro • Posts: 40,106
2016 - Okympus medical fines for bribing doctors in usa
4

some reading indeed

https://www.justice.gov/opa/pr/medical-equipment-company-will-pay-646-million-making-illegal-payments-doctors-and-hospitals

That was pretty recent

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
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Raist3d Forum Pro • Posts: 40,106
2018- olympus fined 80+ million, former exec faces prison
1

https://www.massdevice.com/olympus-fined-85-million-in-dirty-duodenoscope-case-former-exec-faces-prison/

that for purposely hiding data about infection with their endoscopes

That was less than a year ago  what’s really sad is all the good people at a company that work hrs suffering by the management unethical choices here

but looks like Olympus is still doing things

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
“The further a society drifts from truth the more it will hate those who speak it.” - George Orwell

VideoPic
OP VideoPic Senior Member • Posts: 1,857
That's the worst presentation I saw in years....

What should I do with that?

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See my Blog for general articles on the Olympus, Panasonic, Sony and other cameras.
https://myolympusomd.blogspot.com/
https://www.instagram.com/olympus_enthusiast/

 VideoPic's gear list:VideoPic's gear list
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JakeJY Senior Member • Posts: 3,722
Re: 2016 - Okympus medical fines for bribing doctors in usa
1

Raist3d wrote:

some reading indeed

https://www.justice.gov/opa/pr/medical-equipment-company-will-pay-646-million-making-illegal-payments-doctors-and-hospitals

That was pretty recent

It was for violations that happened between 2006-2011, so even before the financial scandal. If you read the text it'll be clear. Cases like this can take a while until the penalties happen.

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JakeJY Senior Member • Posts: 3,722
Re: 2018- olympus fined 80+ million, former exec faces prison
1

Raist3d wrote:

https://www.massdevice.com/olympus-fined-85-million-in-dirty-duodenoscope-case-former-exec-faces-prison/

that for purposely hiding data about infection with their endoscopes

That was less than a year ago what’s really sad is all the good people at a company that work hrs suffering by the management unethical choices here

but looks like Olympus is still doing things

Again that is for violations that happened in 2012 and 2013 (when they were in the middle of the scandal). You need to actually read the article, not just look at the date posted or the ruling date. Cases can take a long time to process.

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Gary from Seattle Veteran Member • Posts: 3,937
Always one in the crowd. Some of these guys don't even take images

justmeMN wrote:

VideoPic wrote:

It seems we have more than enough reason to be optimistic about Olympus....

until the company releases their latest camera-imaging division results on November 6.

They just complain

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justmeMN Veteran Member • Posts: 8,708
Re: That's the worst presentation I saw in years....
3

VideoPic wrote: What should I do with that?

Recognize the facts about the long-term financial performance of Olympus' camera-imaging division, which is contrary to your positive fantasy.

(The presentation was screen snapshots of Olympus' website.)

VideoPic
OP VideoPic Senior Member • Posts: 1,857
Re: That's the worst presentation I saw in years....

justmeMN wrote:

VideoPic wrote: What should I do with that?

Recognize the facts about the long-term financial performance of Olympus' camera-imaging division, which is contrary to your positive fantasy.

(The presentation was screen snapshots of Olympus' website.)

You really want to discuss camera manufacturers financial reporting practices?

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See my Blog for general articles on the Olympus, Panasonic, Sony and other cameras.
https://myolympusomd.blogspot.com/
https://www.instagram.com/olympus_enthusiast/

 VideoPic's gear list:VideoPic's gear list
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ichollad Forum Member • Posts: 55
Re: That's the worst presentation I saw in years....
2

justmeMN wrote:

VideoPic wrote: What should I do with that?

Recognize the facts about the long-term financial performance of Olympus' camera-imaging division, which is contrary to your positive fantasy.

(The presentation was screen snapshots of Olympus' website.)

I heard a rumour that new computational photography tools in the EM1iii will allow the user to turn those graphs upside down.

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Gnine Senior Member • Posts: 1,026
Re: That's the worst presentation I saw in years....
2

VideoPic wrote:

justmeMN wrote:

VideoPic wrote: What should I do with that?

Recognize the facts about the long-term financial performance of Olympus' camera-imaging division, which is contrary to your positive fantasy.

(The presentation was screen snapshots of Olympus' website.)

You really want to discuss camera manufacturers financial reporting practices?

Well, you were the one that brought the subject up in the first place, so obviously it's of some interest to you. Even if you fail to comprehend what went on, and worse, making up excuses for it

Raist3d Forum Pro • Posts: 40,106
Ok 2014.
1

JakeJY wrote:

Raist3d wrote:

https://www.massdevice.com/olympus-fined-85-million-in-dirty-duodenoscope-case-former-exec-faces-prison/

that for purposely hiding data about infection with their endoscopes

That was less than a year ago what’s really sad is all the good people at a company that work hrs suffering by the management unethical choices here

but looks like Olympus is still doing things

Again that is for violations that happened in 2012 and 2013 (when they were in the middle of the scandal). You need to actually read the article, not just look at the date posted or the ruling date. Cases can take a long time to process.

From the article, 2014.

"Under the FDCA, devices for which required MDRs and supplemental MDRs have not been filed are deemed misbranded, and it is a crime to ship such devices in interstate commerce. Between August 2012 and October 2014, Olympus shipped hundreds of misbranded duodenoscopes in the United States, generating approximately $40 million in revenue and approximately $33 million in total gross profit. Olympus’s payment of $85 million is more than 2½ times Olympus’s total profit from sales of the misbranded duodenoscopes."

Still quite something. You would think after the original scandal, this wouldn't happen. In this case is worse as it is medical.

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
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Raist3d Forum Pro • Posts: 40,106
Re: 2016 - Okympus medical fines for bribing doctors in usa
1

JakeJY wrote:

Raist3d wrote:

some reading indeed

https://www.justice.gov/opa/pr/medical-equipment-company-will-pay-646-million-making-illegal-payments-doctors-and-hospitals

That was pretty recent

It was for violations that happened between 2006-2011, so even before the financial scandal. If you read the text it'll be clear. Cases like this can take a while until the penalties happen.

Thanks for pointing this out, I stand corrected on that. But on the other link I found non compliance to October 2014.

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Raist3d/Ricardo (Photographer, software dev.)- I photograph black cats in coal mines at night...
“The further a society drifts from truth the more it will hate those who speak it.” - George Orwell

JakeJY Senior Member • Posts: 3,722
Re: Ok 2014.

Raist3d wrote:

JakeJY wrote:

Raist3d wrote:

https://www.massdevice.com/olympus-fined-85-million-in-dirty-duodenoscope-case-former-exec-faces-prison/

that for purposely hiding data about infection with their endoscopes

That was less than a year ago what’s really sad is all the good people at a company that work hrs suffering by the management unethical choices here

but looks like Olympus is still doing things

Again that is for violations that happened in 2012 and 2013 (when they were in the middle of the scandal). You need to actually read the article, not just look at the date posted or the ruling date. Cases can take a long time to process.

From the article, 2014.

"Under the FDCA, devices for which required MDRs and supplemental MDRs have not been filed are deemed misbranded, and it is a crime to ship such devices in interstate commerce. Between August 2012 and October 2014, Olympus shipped hundreds of misbranded duodenoscopes in the United States, generating approximately $40 million in revenue and approximately $33 million in total gross profit. Olympus’s payment of $85 million is more than 2½ times Olympus’s total profit from sales of the misbranded duodenoscopes."

Still quite something. You would think after the original scandal, this wouldn't happen. In this case is worse as it is medical.

"Olympus admitted that it failed to file adverse event reports with the FDA in 2012 and 2013 relating to three separate events involving infections in Europe connected to Olympus’s TJF-Q180V duodenoscope (Q180V)"

Those up to October 2014 were only deemed misbranded because they failed to file the MDRs in 2012 and 2013. I could totally see that happening while they were still restructuring from the scandal.

At any rate, even 2014 is substantially older than what was originally suggested.

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