« on: October 26, 2012, 11:00:48 PM »
Of course the world economy isn't doing too great, and the yen gained a lot of value. Both things have a big effect on corporations. Still, I think one of the big problems of Canon and Nikon is that digital cameras are now mature technology. The 5D MkII introduced video 4 years ago, which was the last big change for SLRs. Since then, we've only seen incremental upgrades. If you don't care about video -- and many photographers don't -- then the last big change is even older than that.
Any mid-range SLR or better that's 4 years old or less can take great picture in a broad array of conditions. Even my old 50D is good enough in the great majority of situations. There have been some improvements, of course, but nothing revolutionary. I don't own a 5D MkIII, but looking at specs and reviews I can't even think of a good reason why I would ever upgrade once I got one. The complaints I read on these boards are quite nitpicky and I can't see myself spending thousands of dollars just so I get lit focus points, enough pixels to compete with medium format cameras, or a stop or two of additional dynamic range at iso 100.
Canon and Nikon need to start innovating, or their customers will stop upgrading their cameras because what they have is good enough. The pace of evolution is a lot faster in the realm of cellphone cameras and m43 cameras are competing more and more with SLRs. If I was an executive at Canon and Nikon, I'd be nervous about what the future holds...