Camera sales, however, fell by 22 percent year-on-year in the quarter, as the world’s biggest camera maker struggled with the prevalence of high-quality smartphone cameras and a saturation in the high-end, single-lens-reflex camera market.</p>
More like it struggled because yet with the "prevalence of high-quality smartphone cameras and saturation of the dSLR" they still for the past 2-3 years continue to focus the "majority" of their releases on more powershot, rebel, and kit lens garbage.
Doesn't make sense does it? They mention smartphone entry and saturation of dslrs yet continue to fuel product releases and resources for these markets - ignoring the upper tier segment with the exception of a 24-70 2.8 II and 200-400 1.4x and we wonder why Canon is struggling. So much for the "dual pixel innovative technology" on the 70d to save the Camera division sales...not driving it so much eh?