Do you think that Nikon or Sony is doing better?
In Fact, Canon is doing much better than either Nikon or Sony.
The world economy is in a slump, and luxury items are not selling. Expect lower prices and more sales!
If Sales and Profits are a indication of the products companies are offering, Canon is offering better ones!
Canon 3rd quarter profit: - 122.5 billion yen - (Down 42%)
Nikon 1st Quarter Profit - 15.77 billion yen - (Down 48% ) expect worse when the 2nd qtr comes out
Sony 1st Quarter
Profit LOSS - 15.5 billion yen LOSS (Down - Its so bad that Sony does not give a percentage, but sales were down 77.8%) expect worse for the second quarter!