« on: April 24, 2013, 10:32:33 AM »
No. It's not.
Unless you own stock in Canon, you traded them your money for that long list of toys you so proudly display at the bottom of your post. You own that stuff now and can do whatever you want with it. It's yours. It's also now Canon's money and they are free to do what they want with it. So, No. It's not your money.
Secondly, why do people post stories without bothering to read them? Or in this case, even reading the headline.
Canon is adjusting their earnings estimates because the Japanese government's monetary policies have resulted in some inflation at home and some loss in value of the Yen against other currencies in international trade. It's an accounting adjustment.
Finally, I never understand why people get upset when Canon makes money. Do you think they would have more money to invest in research and development if they were losing money? Do you think they would be able to cut their prices if they were losing money?
Couldn't agree more... JR if your upset that canon is turning a high profit, stop buying their stuff... simple... i'm sure canon is shaking in their boots... Hell i shoot professionally and I have half your gear... People get hot and bothered with any one company or individual earns a lot of money or capital... Why? They worked their butt off to earn that... Sue Bryce said we need to check our attitudes about money and being rich. If we get offended about those who are rich and big profitable company, we ourselves will carry that same mentality towards money and push it away psychologically. In the mean time I hope to use my gear to make my studio have a profitable year this year... hope you dont get offended by me.