December 17, 2017, 01:35:57 AM

Author Topic: Canon posts significant increase in sales and profit for Q3 2017  (Read 3558 times)

Mt Spokane Photography

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #15 on: October 25, 2017, 04:35:16 PM »
So yes. dpreview today .. #ItsAllAboutSony

Sony releases it's financials on October 31st. Get prepared to read all about it on dpreview ;)

Sony has turned the corner on selling sensors, so there should be a big percentage profit increase with earthquake damage repaired, and the smartphone business doing better.

As far as camera sales, they are in the same boat as everyone else, trying to figure out how to make a profit while sales decline.

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #15 on: October 25, 2017, 04:35:16 PM »

rrcphoto

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #16 on: October 25, 2017, 05:19:03 PM »
So yes. dpreview today .. #ItsAllAboutSony

Sony releases it's financials on October 31st. Get prepared to read all about it on dpreview ;)

Sony has turned the corner on selling sensors, so there should be a big percentage profit increase with earthquake damage repaired, and the smartphone business doing better.

As far as camera sales, they are in the same boat as everyone else, trying to figure out how to make a profit while sales decline.

the point must have zipped over your head.

every bit of sony news ends up on dpreview for this last year, however dpreview has been very lax when it comes to canon news of the same regard.


Talys

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #17 on: October 26, 2017, 02:16:15 AM »
So yes. dpreview today .. #ItsAllAboutSony

Sony releases it's financials on October 31st. Get prepared to read all about it on dpreview ;)

Sony has turned the corner on selling sensors, so there should be a big percentage profit increase with earthquake damage repaired, and the smartphone business doing better.

As far as camera sales, they are in the same boat as everyone else, trying to figure out how to make a profit while sales decline.


Really?  Their smartphone business is doing better?  I'm astonished, as I cannot recall seeing a Sony smartphone anywhere other than a Sony Store in eons.

By the way, the +15% on non ILCs with Canon was super-surprising to me.  I am very curious as to whether it is Canon thing, or an industry trend.

JohanCruyff

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #18 on: October 26, 2017, 05:03:07 AM »
From the official press release
http://www.canon.com/ir/results/2017/rslt2017q3e.pdf
The nine months sales growth is due mainly to the "Industry and Other" division (+28.7%), while the "Imaging System" division grew just 3.2%.
But the recent trend is positive. The third quarter growth rates are better balanced: respectively, +35.7% and +9% .
The wording "we increased sales of the EOS 6D Mark II" isn't particularly meaningful IMHO: having read (and written!) several financial press release, I can assure that Investor Relators always tend to consider their glasses "half full".
 
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JohanCruyff

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #19 on: October 26, 2017, 05:14:14 AM »
So yes. dpreview today .. #ItsAllAboutSony

Very good news!
If DPReview doesn't write about the new Sony masterpiece, they have to change their web address to www.DP850DReview.com!
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Maximilian

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #20 on: October 26, 2017, 07:29:28 AM »
...
Really?  Their smartphone business is doing better?  I'm astonished, as I cannot recall seeing a Sony smartphone anywhere other than a Sony Store in eons.
...
Hi Talys!

I think I've understood something wrong here.
It's the general smartphone business, that's doing better. And the smartphones are one of the biggest customers of Sony imaging sensors.
Conclusion: good smartphone sales -> good Sony sensor sales -> profit for Sony
sometimes you have to close your eyes to see properly.

ethanz

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #21 on: October 26, 2017, 10:20:53 AM »
...
Really?  Their smartphone business is doing better?  I'm astonished, as I cannot recall seeing a Sony smartphone anywhere other than a Sony Store in eons.
...
Hi Talys!

I think I've understood something wrong here.
It's the general smartphone business, that's doing better. And the smartphones are one of the biggest customers of Sony imaging sensors.
Conclusion: good smartphone sales -> good Sony sensor sales -> profit for Sony

Yes, Sony is one of the largest smartphone camera sensor suppliers in the world.
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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #21 on: October 26, 2017, 10:20:53 AM »

rrcphoto

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #22 on: October 26, 2017, 11:24:01 AM »
So yes. dpreview today .. #ItsAllAboutSony

Very good news!
If DPReview doesn't write about the new Sony masterpiece, they have to change their web address to www.DP850DReview.com!

maybe ;)

the D850 is a sweet camera though .. the A7RIII looks pretty nice .. if you can stomach a Sony.

however; the complaint was already raised the last two times that Dpreview did this ; canon's Q2 financials and Canon's video camera releases with a new homegrown 1" DPAF sensor were also skipped.  Of course, the same announcements for Sony's financials and video cameras were heralded and written about.

It's curious behavior from a company that continues to act insulted and injured when comments about bias come up.


Mt Spokane Photography

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #23 on: October 26, 2017, 02:05:06 PM »
So yes. dpreview today .. #ItsAllAboutSony

Sony releases it's financials on October 31st. Get prepared to read all about it on dpreview ;)

Sony has turned the corner on selling sensors, so there should be a big percentage profit increase with earthquake damage repaired, and the smartphone business doing better.

As far as camera sales, they are in the same boat as everyone else, trying to figure out how to make a profit while sales decline.


Really?  Their smartphone business is doing better?  I'm astonished, as I cannot recall seeing a Sony smartphone anywhere other than a Sony Store in eons.

By the way, the +15% on non ILCs with Canon was super-surprising to me.  I am very curious as to whether it is Canon thing, or an industry trend.

Nothing to do with Sony phones, its the sensor market that I mentioned.  In case you did not know it, Sony sells sensors to smart phone manufacturers in enormous quantities so when smartphone sales drop, sensor sales drop as well. 

Sony's sensor sales to smart phone manufacturers is greatly improved this year.  They lost a ton of money on sensor sales last year due to the downturn in smartphone sales by all makers.

Talys

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #24 on: October 27, 2017, 01:49:39 AM »
...
Really?  Their smartphone business is doing better?  I'm astonished, as I cannot recall seeing a Sony smartphone anywhere other than a Sony Store in eons.
...
Hi Talys!

I think I've understood something wrong here.
It's the general smartphone business, that's doing better. And the smartphones are one of the biggest customers of Sony imaging sensors.
Conclusion: good smartphone sales -> good Sony sensor sales -> profit for Sony

Aha!  You are absolutely right!  I get it now :)

Thanks!

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Re: Canon posts significant increase in sales and profit for Q3 2017
« Reply #24 on: October 27, 2017, 01:49:39 AM »