Canon doing well in a camera industry slump

[s598719]

Full year net income may total 260 billion yen ($3.3 billion), 18 percent higher than the company’s April prediction, it said in a statement today. Canon also increased its forecasts for revenue, operating profit and sales of single-lens reflex cameras used by professionals................Canon raised the forecast for sales of cameras with interchangeable lenses, typically used by professionals, to 7.3 million units from 7 million predicted earlier. The forecast for sales of compact cameras was kept unchanged at 20 million units.........................Demand for high-end cameras including models with interchangeable lenses is robust in China and India ..................Global shipments of digital-cameras tumbled 7 percent in units and 17 percent in value during the first five months of 2011 from a year earlier.

 

[rocketatw]

actually to be honest, most of us not really interested to know how much Canon earn with their interchareable lenses, but i think most of us will be interested to know how much Canon sell their lenses in the near future.:bsmilie:

 

[pansbulcem]

You got buy Canon shares is it?

 

[rhino123]

Good for Canon. It seemed like they are going the right way in the market.

Really we must congratulate them for a job well done. It was the effort of everyone in the company that make things work to their advantage.

(PS. I don't buy Canon shares and it had nothing to do with this topic).

 

[s598719]

actually to be honest, most of us not really interested to know how much Canon earn with their interchareable lenses, but i think most of us will be interested to know how much Canon sell their lenses in the near future.:bsmilie:

The 2 are related. Industry is over-supply with cameras mean prices are ever going lower for bodies. But once u buy their bodies, you are stuck to buying their lens whose prices never drop.

 

[Octarine]

And then there was this statement:
http://www.channelnewsasia.com/cna/cgi-bin/search/search_7days.pl?status=&search=canon&id=1142897
All a matter of perspective.

 

[catchlights]

this is not a discussion has anything related to cameras, lenses or any equipments they produce.

thread moved to..........

yes you are right, sorry no prize.

 

[Sion]

Canon doing well in a camera industry slump.

This is helped by the Pentax owners ditching their cameras for Canon. :bsmilie:

:bsmilie: :bsmilie: