nicely done. thanks
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everyone thinks that they are a business expert all of a sudden now that these numbers came out.
one of the biggest problems is that Canon is based in a country whose currency is rising compared to the markets where they sell products. that means that even if they sold the exact same amount of everything, and spent the exact same amount they would still pull in less revenue and less profit. on top of that, the world economy is down which means less disposable for most consumers and less business to business sales. together, that equals less sales. to top it all off, smartphones are completely eating up the point and shoot market.
people - canon is not taking huge hits because you think the new 5d cost too much. its not because you think the 24-70 costs too much. these prices are very equal to what their predecessors were in terms of japanese currency - but now the rest of the world's is worth less compared to what it was, so things cost more. also, canon sells a lot more than just 5Diii's and 24-70 ii's...