I was going to buy a few thousand bucks worth of Canon stock in my retirement portfolio, just to make it interesting to follow Canon's status. Maybe "let them buy me a new Canon" or whatever. Unfortunately, Canon stock (CAJ) is continually triggering news alerts in my browser for having hit a "new 52-week low". I know that cameras are only a part of their business, but they seem to be in a bit of trouble. Plus, their PE ratio is still high compared to others in their industry, even after the recent drops.
Anyone have insight as to how much of this losing is due to the camera end of Canon vs. copiers, printers, etc.? I do know that Nikon has been losing money for years, and of course Sony has too, though they are so big that cameras are only a tiny part of Sony.