canon rumors FORUM

Gear Talk => Deals on Gear => Topic started by: RainySouthWest on April 02, 2013, 02:52:45 PM

Title: Canon prices after 30th of March ?
Post by: RainySouthWest on April 02, 2013, 02:52:45 PM
Hi all.

Anyone heard anything ? Any new special prices coming ?

Greetings
Title: Re: Canon prices after 30th of March ?
Post by: ablearcher on April 02, 2013, 05:16:23 PM
Give it a few days after holidays. Pricing is kinda odd right now. I'm looking at Canon EF 70-200mm f/2.8L IS II and currently it is less expensive in Canada than in the US.  :o
Title: Re: Canon prices after 30th of March ?
Post by: Mt Spokane Photography on April 02, 2013, 07:41:20 PM
Prices depend on Canon's inventory levels.  They have sales when inventory is too high.  They like to keep their factories running at their best efficiency.
 
We do not have any details about lens inventory, but its a safe bet, given the world economy that there is a surplus.
 
I expect another sale soon, but went ahead and bought a 24-70mm LMK II  at the last minute :)
 
One thing to consider is that May and June are the best selling months (other than big sales at Christmas).  People planning vacations, wedding photographers, etc buy them in the late spring.  If inventory is low, there will be no sales.
 
You could also read the CR post.
 
http://www.canonrumors.com/forum/index.php?topic=13883.0 (http://www.canonrumors.com/forum/index.php?topic=13883.0)
Title: Re: Canon prices after 30th of March ?
Post by: ablearcher on April 04, 2013, 03:10:21 PM
Like I said - wait a bit after the month start and the holidays. Price for Canon EF 70-200mm f/2.8L IS II already dropped to or below its March pricing. Not sure about other stuff though...
Title: Re: Canon prices after 30th of March ?
Post by: Mt Spokane Photography on April 04, 2013, 03:53:39 PM
Actually, I have noticed that prices actually dropped a little.  Perhaps camera dealers paid for some large allotments at the reduced price and will continue selling low until they're gone.
You can still find a deal.
Title: Re: Canon prices after 30th of March ?
Post by: jcollett on April 04, 2013, 04:35:20 PM
My crystal ball tells me that the long trend shows prices for Japanese goods in the US going lower.

http://www.etftrends.com/2013/04/japanese-yen-etf-plummets-on-massive-boj-easing/ (http://www.etftrends.com/2013/04/japanese-yen-etf-plummets-on-massive-boj-easing/)

Good takeaway quote, "DXJ was up 28% for the six months ended April 3. FXY, which tracks the movement of the Japanese yen versus the U.S. dollar, is down about 17% over the same period."

As the dollar strengthens versus the yen, less dollars are required to purchase products sold at a constant yen price.  So, Canon could signifigantly lower dollar pricing on their equipment and still make the same or even more.  This strategy worked very well for international, but US based companies that had been working in the Eurozone.  Most of the increased value of those companies stocks could simply be attributed to the conversion of revenues earned in stronger currency markets when converted to their home currency.  This leads to increased stock prices on those companies even if they sell the same amount of wigits, whigdings, or whatever in the past.
Title: Re: Canon prices after 30th of March ?
Post by: Krob78 on April 04, 2013, 08:18:20 PM
I have it from a good source that prices are going to continue to go up and go down...  ;)
Title: Re: Canon prices after 30th of March ?
Post by: RGF on April 12, 2013, 05:59:21 PM
I have it from a good source that prices are going to continue to go up and go down...  ;)

And you can be sure that the long term trend is UP
Title: Re: Canon prices after 30th of March ?
Post by: Krob78 on April 16, 2013, 05:18:33 PM
I have it from a good source that prices are going to continue to go up and go down...  ;)

And you can be sure that the long term trend is UP
Indeed and Agreed! ???