Articles tagged "results"

Nikon says it's expecting 'extraordinary losses,' has updated its FY2020 projections

Nikon has announced new, lower projections for its 2020 fiscal year and has done some clever accounting to help reduce its taxable income for the year.

CIPA's latest numbers show camera production, sales slashed by half in March

The global lockdown has been disastrous for the camera trade with sales cut in half across the world, according to figures released by CIPA. DSLRs are doing worse than mirrorless models, and lenses are holding up a little better overall.

Nikon, Olympus postpone upcoming financial results, citing COVID-19 challenges

Both companies say accounting procedures are proving difficult amidst global stay-at-home orders, making it challenging to audit their financial results in the usual timeframe. Results for both companies are pushed back by a few weeks.

Lensrentals survey: 19% of professional photographers are considering a career change due to COVID-19 pandemic

Unsurprisingly, 96% of respondents said their work has been negatively impacted by the COVID-19 pandemic, with nearly 75% saying 'all or almost all' of their work had been cancelled in April.