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Hearing it again
Canon has a prototype of a niche market underwater PowerShot camera.
Specs:
12mp
3.5x Zoom (35mm wide)
3″ LCD
10meter/33foot underwater
Drop Resistant to 6 feet
Sand proof
Li-Ion Battery
Manual Controls
SD Card
This has been rumoured a while, and it’s definately a market Canon could sell cameras.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
From Reuters
TOKYO, Oct 27 (Reuters) – Japan’s Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted a 26 percent fall in quarterly operating profit and cut its outlook to below market expectations after the global slowdown sent the yen higher and hit demand for copiers and digital cameras.
Operating profit at Canon, the world’s largest digital camera maker ahead of Sony Corp (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon Corp (7731.T: Quote, Profile, Research, Stock Buzz), came in at 129.3 billion yen ($1.38 billion) in July-September, down from 174.2 billion yen a year earlier.
Growing worries about the global economy have depressed sales of office equipment such as copiers to corporate clients, while cooling consumer sentiment has hit digital camera demand.
For calendar 2008, Canon on Monday cut its operating profit forecast by 25 percent to 580 billion yen, down from 756.67 billion yen a year earlier and compared with a consensus of 693.1 billion yen from 19 analysts polled by Reuters Estimates.
Shares in Canon, which competes with Xerox Corp (XRX.N: Quote, Profile, Research, Stock Buzz) and Ricoh Co Ltd (7752.T: Quote, Profile, Research, Stock Buzz) in copiers and printers, have lost 49 percent since the start of the year through Friday, outperforming the Tokyo stock market’s electrical machinery index , which fell 56 percent. (Reporting by Kiyoshi Takenaka; Editing by Lincoln Feast)
Good followup posting.
cr
Stolen from 1001 Noisy Cameras
This sales chart is from North America. What I find surprising is where the D90 is placed on the chart. I expected it to be higher.
I spoke with 2 retailers in the last week and both said dSLR sales have been soft in general. There have been a few exceptions, both said the XSi was selling like gangbusters and they’d both sold their expected allotment of 5D2’s. Both stores have D90’s in stock as well as D700’s, neither has ever run out of stock on the cameras. Economics? or is the prosumer market showing signs of saturation?
The death of Canon doesn’t appear to be imminent.
The Chart
| B4 | Now | Camera Name | Price |
| 1 | 1 | Canon A590 IS |
$120 (down $7) |
| 4 | 2 | Canon SD1100 IS blue |
$164 |
| 3 | 3 | Canon D-Rebel XSi w/18-55 EF-S IS, black [Top DSLR] |
$655 |
| 5 | 4 | Canon SD790 IS silver |
$205 (down $15) |
| 6 | 5 | Canon SD880 IS silver [Top Wide] [Hot] |
$267 |
| 15 | 6 | Canon G10 [Jump] |
$464 (down $24) |
| 2 | 7 | Canon SD1100 silver |
$171 |
| NEW | 8 | Sony A300 w/18-70 DT |
$600 (corrected) |
| 7 | 9 | Panasonic FZ28K [Top Hyperzoom] [Top Zoom] |
$303 |
| 8 | 10 | Panasonic TZ5K |
$230 via Vanns |
| 9 | 11 | Canon SX10 IS [Hot] |
$373 |
| NEW | 12 | Kodak C713 pink |
$80 (down $10) |
| 14 | 13 | Canon SD1100 pink |
$165 |
| RE | 14 | Nikon D40 w/18-55 DX |
$440 (down $16) |
| 23 | 15 | Nikon D90 w/18-105 DX VR [Jump] |
$1220 |
| 12 | 16 | Sony W120 black |
$149 |
| 13 | 17 | Panasonic TZ5A |
$230 via Vanns |
| NEW | 18 | Canon SD880 IS gold [Hot] |
$266 |
| 17 | 19 | Nikon S550 black |
$170 |
| NEW | 20 | Canon SD990 IS black [Hot] |
$368 (down $9) |
| 11 | 21 | Canon SD1100 brown [Drop] |
$171 |
| RE | 22 | Sony H50 |
$343 |
| 16 | 23 | Canon 50D body only [Top Price] [Hot] |
$1371 at OneCall (up $36) |
| RE | 24 | Canon SX110 IS black |
$245 |
| RE | 25 | Canon SD950 IS |
$300 (down $11) |
cr
