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by Jens Peermann on Mon May 20, 2019 8:09 pm
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81% profit drop.
A great photograph is absorbed by the eyes and stored in the heart.

 

by SantaFeJoe on Mon May 20, 2019 10:41 pm
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More on the general topic here:

viewtopic.php?f=1&t=281934

Joe
Learn the rules like a pro, so you can break them like an artist.  -Pablo Picasso
 

by Scott Fairbairn on Tue May 21, 2019 12:50 pm
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I've no idea where to find the numbers, but it would be interesting to see what the sales of film SLR's were prior to DSLR's entering the picture. The market skyrocketed with the introduction of digital and now smartphones have taken away many sales, so I wonder if the film SLR sales figures might represent the level we're plummetting to, or whether DSLR's will decrease even further?
 

by E.J. Peiker on Tue May 21, 2019 1:22 pm
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Scott Fairbairn wrote:
I've no idea where to find the numbers, but it would be interesting to see what the sales of film SLR's were prior to DSLR's entering the picture. The market skyrocketed with the introduction of digital and now smartphones have taken away many sales, so I wonder if the film SLR sales figures might represent the level we're plummetting to, or whether DSLR's will decrease even further?

DSLRs sales will decrease more and more.  In five years there will be almost no DSLR sales as virtually all of what is left of the camera market will be mirrorless.  
 

by Neilyb on Tue May 21, 2019 1:57 pm
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Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.
 

by Jeff Pearl on Tue May 21, 2019 6:28 pm
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Kind of scary. Doesn't look too good, but maybe they'll bounce back.
 

by DChan on Tue May 21, 2019 9:39 pm
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Quote:
...Within the Imaging System Business Unit, Canon maintained the top share of the overall interchangeable-lens
digital camera market, mainly in key countries in Europe and the Americas as well as in Japan and China.
Sales growth for mirrorless cameras was higher than the market average, thanks to such models as the EOS R,
equipped with a full-frame sensor, and the entry-class EOS Kiss M. However, unit sales decreased overall
compared with the same period of the previous year, mainly due to the more rapid decrease in demand than
expected resulting from both the shrinking market and the slowdown of the Chinese economy. As for digital
compact cameras, unit sales decreased compared with the same period of the previous year amid the shrinking
market. For inkjet printers, unit sales of refillable ink tank models increased mainly in emerging markets.
However, unit sales decreased overall compared with the same period of the previous year, due to decreasing
demand for home-use models in developed countries. As a result, sales for the business unit decreased by
17.0% to ¥176.3 billion year on year, while income before income taxes decreased by 81.1% year on year to
¥5.0 billion.



Quote:
...As for interchangeable-lens digital cameras, while demand for interchangeable-lens digital
cameras equipped with full-frame sensors is expected to grow steadily, demand for entry-class models is
expected to continue to decrease. Projections for digital compact cameras indicate continued market
contraction, centered mainly on low-priced models...




You can download the Investor Relations Document Pack here:

https://global.canon/en/ir/index.html
 

by E.J. Peiker on Wed May 22, 2019 6:45 am
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Neilyb wrote:
Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.

By any measure, the Nikon mirrorless offerings are vastly superior to the two Canon bodies.
 

by Neilyb on Wed May 22, 2019 7:15 am
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E.J. Peiker wrote:
Neilyb wrote:
Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.

By any measure, the Nikon mirrorless offerings are vastly superior to the two Canon bodies.


They are but can Nikon as a company survive the onslaught from Sony?
 

by E.J. Peiker on Wed May 22, 2019 9:04 am
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Neilyb wrote:
E.J. Peiker wrote:
Neilyb wrote:
Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.

By any measure, the Nikon mirrorless offerings are vastly superior to the two Canon bodies.


They are but can Nikon as a company survive the onslaught from Sony?

Of course they can, the country of Japan does not allow it's iconic companies from going under ;)
 

by DChan on Wed May 22, 2019 10:29 am
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E.J. Peiker wrote:
Neilyb wrote:
E.J. Peiker wrote:
Neilyb wrote:
Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.

By any measure, the Nikon mirrorless offerings are vastly superior to the two Canon bodies.


They are but can Nikon as a company survive the onslaught from Sony?

Of course they can, the country of Japan does not allow it's iconic companies from going under ;)



Errr....which one? :)


Due to Canon's inferior sensors and AF system, I can see Canon users have a bigger urgency to switch to Sony. Nikon users? Not so much :wink:
 

by E.J. Peiker on Wed May 22, 2019 10:59 am
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Neither - Canon could still be a viable company without the photo biz though, Nikon not so much ;)
 

by Scott Fairbairn on Wed May 22, 2019 2:57 pm
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That's kind of the point of my earlier post. Will camera sales(DSLR and Mirrorless) decline to the level of film cameras prior to the digital revolution or are we going a lot lower? It seems that the answer is much lower. If the market will be made up solely of professional/enthusiasts, with the low end gone to smartphones, just how viable will the photo industry be? Will the smaller players quit the market?
 

by E.J. Peiker on Wed May 22, 2019 7:01 pm
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Scott Fairbairn wrote:
That's kind of the point of my earlier post. Will camera sales(DSLR and Mirrorless) decline to the level of film cameras prior to the digital revolution or are we going a lot lower? It seems that the answer is much lower. If the market will be made up solely of professional/enthusiasts, with the low end gone to smartphones, just how viable will the photo industry be? Will the smaller players quit the market?


I would predict that Olympus and Ricoh/Pentax will exit the market.  Fuji is actually growing at the moment so at least for the time they are safe but they need to consolidate thier line up to just 4 cameras, down from about 10 and just two medium format cameras.  Panasonic has a lucrative niche in small body movie making but early signs are that their full frame mirroless are unmitigated disasters.  While they are great ergonomic bodies, the AF is about 2013 level and the lenses are large, heavy and expensive.  I think Leica and Hasselblad are in trouble too but I think they will perservere in some form.
 

by Ron Niebrugge on Sun Jun 02, 2019 8:08 pm
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E.J. Peiker wrote:
I would predict that Olympus and Ricoh/Pentax will exit the market. 


Really?  Interesting. 
 

by Cheesehead on Mon Jun 03, 2019 10:00 am
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Sony dominated the video tape business with the Beta Max until their pricing drove them out of the market. Sony never dominated the computer market, but similarly, pricing drove them out of computer market. The television market was a three peat. Dominated and then disappeared. Sony's desire for premium pricing seems to have followed into cameras. With Sony's track record, I am not sure they have ability to stay in a cost competitive market.
 

by sdaconsulting on Tue Jun 04, 2019 10:09 am
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Right now Sony is selling far more FF mirrorless bodies than Nikon and Canon are. They have also taken the #2 spot in camera sales overall.

I think predicting their exit from the market they mostly created and drove Nikon and Canon to migrate their offerings to is extremely premature.
Matthew Cromer
 

by Jens Peermann on Sat Jun 08, 2019 9:54 pm
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DChan wrote:
E.J. Peiker wrote:
Neilyb wrote:
E.J. Peiker wrote:
Neilyb wrote:
Canon could have moved into the phone camera market, but protected the compact camera segment they were in. They could have made a serious mirrorless instead of the M series, but chose to protect DSLR's... they missed the bandwagon, but maybe not as badly as Nikon.

By any measure, the Nikon mirrorless offerings are vastly superior to the two Canon bodies.


They are but can Nikon as a company survive the onslaught from Sony?

Of course they can, the country of Japan does not allow it's iconic companies from going under ;)



Errr....which one? :)


Due to Canon's inferior sensors and AF system, I can see Canon users have a bigger urgency to switch to Sony. Nikon users? Not so much :wink:


You must not forget that Canon is basically an office equipment manufacturer with a photo department. It can afford to lose money in that department for a long time.
A great photograph is absorbed by the eyes and stored in the heart.

 

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