Neuro, you had me up until that "ship is sailing along fine..." stuff.
Not trying to single you out, because I know you know better and I know you aren't guilty of the sin I'm about to attack. But, I can never figure out why otherwise intelligent people think a multinational, multi-billion dollar, profitable company is stupid.
Far from it. My point is that Canon's current strategy is working
. They are doing their R&D, developing new cameras with improved features, releasing them into the market, and those cameras are selling like gangbusters. I don't understand why otherwise intelligent people are clamoring for Canon to do something different, and be more like their competitor that isn't doing as well as they are in the market.
My point was not "the ship is sailing along fine," so Canon should be complacent. They clearly have a strategy (ship), and are executing on that strategy (sailing), and are successful at it (sailing fine
Also, do note that I did suggest that behavior might be short sighted. I'm well aware of the parallels to Microsoft, another conservative company. Just because it happened once, doesn't mean it will happen again; by the same token, just because it happened to another company doesn't mean Canon will learn from that lesson. Usually, changes like this don't happen overnight. Obviously, Microsoft did not respond to those changes appropriately for their business. It remains to be seen how Canon will respond to a declining marketshare, but of course, first that marketshare has to actually decline.
We heard all of these arguments about the D800, and the 5D Mark III is apparently outselling it by a wide margin. Now the D7100 is the best thing since sliced bread, and while is does seem like a well-spec'd camera, I suggest we wait and see how well it sells, compared to a camera Canon may or may not release, before we declare victory for Nikon and claim Canon 'had their ass handed to them'.