Canon General | Canon Rumors

Canon Makes $647mil Last Quarter

October 27th, 2009 | 11 Comments | Posted in Canon General

…. about $45mil less than Canon Rumors
Oct. 23 (Bloomberg) — Canon Inc. may report an operating profit of approximately 60 billion yen ($657 million) in the quarter ended in September, a 30 percent increase from the previous quarter, Nikkei English News reported, without saying where it obtained the information.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a.iGc4LSubn4

UPDATED No New Canon Stock for Wolf/Ritz Camera

October 7th, 2009 | 26 Comments | Posted in Business of Photography, Canon General

Correction
Canon not selling to Ritz isn’t part of the bankruptcy proceedings. The issue is Ritz got to write-off a ton of debt to Canon.

Canon & Ritz couldn’t work out a new deal before the Christmas season.

Thanks for the clarification Eric

Not until 2010 at the earliest
Canon will not be selling them any new stock for the Christmas season to Ritz Camera. Canon will sell to the retail chain during Q1 2010 at the earliest.

Ritz will be sending existing Canon stock to the “Ultra Store” locations. Apparently they’re for the higher end gear.

September 29, 2009 Announcement?

September 29th, 2009 | 69 Comments | Posted in Canon General

This is all I can find!
Apparently Adobe and Canon are teaming up for some kind of secure PDF thingy for copiers. Sweet…. I guess, maybe?

I think this is a Japanese translation.

Press Release
Canon Inc. (Headquarters: Ota-ku, Tokyo, Canon or less) and Adobe Systems Incorporated (Nasdaq: San Jose, Calif., Adobe Systems below) is aiming to achieve a high level of security of electronic documents in an office environment, Document agreed to continue to collaborate in the global sales activities in the field.

Canon and Adobe Systems Inc., since 2005, for the purpose of realization of an efficient document workflow, and enhance collaboration of both products has been promoting high-quality solutions.

This collaborative effort, electronic document security system for Adobe “Adobe ® LiveCycle ™ Rights Management ES (following” LCRM “)” and Canon copiers “imageRUNNER ADVANCE (Advance runner image under” iR-ADV ” ) “※ series about sales activity in the whole world together, that we are providing strong security for electronic documents in an office environment.

This document was generated from the computer, ranging from electronic documents from paper, as well as to comprehensively reduce the risk of confidential information is improperly handled, can improve business productivity be.

Under the collaboration, Canon and Adobe, government agencies and local governments, and existing large companies spread around “LCRM” the user “iR-ADV” to introduce a series, users of Canon copiers for the “LCRM” and recommended the introduction of each, “iR-ADV” series and “LCRM” Document will strengthen the provision of a combination.

However, in Japan “LCRM” introduction and system development and related products to customers will be responsible Adobisoryushonpatona Kiyanonsofutouea Corporation.

Canon and Adobe use and promotion of enhanced security and information will continue to provide high-value, collaborative environment to maximize efficiency in operations related to document the evolution of business and customer development, growth We intend to contribute to.

News & Notes

September 29th, 2009 | 22 Comments | Posted in Canon 7D, Canon General

The Death of PMA? Canon will not be attending in 2010.
PMA is all but dead in Canada, the writing is on the wall for the US as well. Canon USA has confirmed they won’t be attending the trade show. All we’re going to have left is Photokina in Germany.

From PDN Gear Guide
Canon USA has confirmed to PDN Gear Guide that the company will not be attending the PMA 2010 trade show in Anaheim, CA in February.

“Yes, Canon U.S.A. has decided not to participate in the PMA 2010 Trade Show,” Melissa Dara Moritz, Canon USA’s Public Relations manager, told PDN Gear Guide in an email message.

Moritz did not elaborate in her message but we expect to get more details from Eliott Peck, Canon USA’s Sales Director & Assistant General Manager, in an interview later today.

The word from Canon confirms a web report from Amateur Photographer magazine which was among the first to report that the imaging giant will not be attending the the PMA 2010.

An official from PMA also confirmed the news to PDN Gear Guide.

“Yes, Canon has chosen not to exhibit at PMA 2010 in Anaheim,” said PMA spokesperson Tom Crawford. “We continue to have a good relationship with Canon, as a valued PMA member, and look forward to their participation in our many events around the world.”

Amateur Photographer’s report quotes an unnamed “spokeswoman” for Canon USA who confirms that the company has “made the decision not to attend the PMA trade show in 2010.”

thanks everyone that sent this in

Jessops Saved…. For Now
Struggling camera retailer Jessops is undertaking a restructuring that it says will save the company.

It said that it would reorganise so that its biggest creditor, HSBC, owned 47% of the company, with the rest owned by pension and employee trusts.

HSBC will, in return, forgive £34m of debt that Jessops owes it.

Jessops said the restructuring would protect the about 2,000 employees of the company, and will allow it to compensate its current shareholders.

thanks Jamie

7D in the USA
I have yet to see the 7D in stock anywhere in the US, it must be coming any moment now.

UPDATE Canon Patents

September 17th, 2009 | 54 Comments | Posted in Canon General

UPDATE
Aren’t patents fun? One thing I hate about patents is I can’t read them. I read through the 4 of these and still had no idea what they were.

One of our commenters did however.

“The first patent is describing a read out shift which only is useful in video recording. The patents 2 and 3 rely on the optical IS element doing the dirty work and the third describes a way of moving the relevant lens elements in an IS lens. So nothing, as in not a single thing, is implicating more than the presence of sensors that detect motion inside the body – the chore of correcting for that motion falls to the IS group.”

So there you have it. Thanks Karl. I love when these things are explained in english.

Canon is apparently top 5 every year for patents awarded. They were #2 in 2005 behind Big Blue.

In Body & In Lens Stabilization Patents
I haven’t had any time to read through these patents thoroughly, I only have my phone. However, I’m told the following 4 patents may be of great interest to Canon users.

20090219424

20090231444 PDF

20090231452 PDF

20090232483 PDF

thanks Sean

New York Loves Canon

September 16th, 2009 | 12 Comments | Posted in Canon General

New York and Canon sitting in a tree…………

Text from PDN

Canon U.S.A. persuaded the state of New York to spend $8 million in taxpayer money to widen a road that will lead to its new headquarters.

About 1,200 people work at Canon’s current U.S. headquarters in Lake Success, Long Island. The imaging company plans to open a bigger office, which will eventually employ 2,000 people, in Melville, further out on the island.

Politicians were desperate to keep Canon from fleeing to New Jersey. As part of a deal to keep Canon in the area, the New York State Department of Transportation agreed to add one lane each to the service roads between exits 48 and 49 off the Long Island Expressway. Canon will also take advantage of some state and local tax breaks.

thanks nrg