Canon 2023 Q1 Financial Results

Thanks for posting this. I saw this on Photo Rumors the other day. He often scoops this site (even though he's a Nikon guy).

Anyway, there is a lot to digest here and it should make for some good discussion.

Some things that stood out to me:

"Strengthening the appeal of our products has led to the curbing of sale promotion expenses" Is that code for no rebates?

"...and with selection and concentration in development and raising the efficiency of our sale organization, has been the driving force behind significant improvement in profitability." Translation might be we're cutting staff.

"This year, we will continue to enhance our lineup of EOS R series mirrorless cameras, both bodies and lenses. In March, we launched the EOS R50...In addition to professional and advanced amateurs, by launching models that expand our user base, we plan to sell 2.9 million units this year, which is 1% higher than last year..." Don't expect to see an R1 this year, we are more interested in the lower end of the market.

"The network camera market continues to grow, thanks mainly to the security sector, due to the growing need for security and safety. Our first-quarter sales were ahead of plan and second only to last year's fourth quarter, resulting in a significant increase in revenue. We will continue to capture demand with our extensive lineup of hardware and solutions, raising our plan for the full year by 10 billion yen as we aim for sales growth of more than 15%." A 1% growth in EOS R vs. 15% in network cameras. Guess where the emphasis is going to be?

Charts: "Net Sales Growth Rate Year over Year: Cameras 1Q 2023 Actual is -0.4% with FY23 projection of +12%. Digital Interchangeable Lens Cameras Units and Unit Growth Rate. 1Q 2023 Actual: -6%; FY 2023 Projection: +1% Honestly, I'm a bit confused by this. They sold 6% fewer Digital Interchangeable Lens Cameras (DILCS) in the first quarter and are projecting only a 1% growth for the year. That doesn't sound great to me.

Thoughts and Discussion?
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1div + 35-350L football??

The main drawback is you'll get more distortion with 35-350L, but the used price on it and the 1D iv are so low, that if it doesn't work out and you want to resell it, I don't imagine you'd lose much money.
Exactly
I got both 1div and 35-350 (both boxed with all accessories) for just over £600 about a year ago. I appreciate the prices are falling.
They are not mint, but nor are they abused or tatty (very very slight paint loss on the lens friction ring). They both seem to be working perfectly. The lens is so fast (rear ring usm) I actually owned one back in 97’ when I did a brief stint as a press photographer. The canon EOS 1dn and 35/350 along with the 540EZ gun covered virtually every scenario I faced.

Edit: Just remembered when I did my press stint I was asked to do the Sunday supplement photos, A Day In The Life Of A Hill Farmer. I turned up early somewhere remote in the North Yorkshire moors. It was very foggy. The farmer took me out in his Land Rover, I took a shot through the open window whilst the landrover was climbing up a very very steep accent, The picture was a ewe and lamb through the fog. The lens was racked out to 350, the 540 gave sufficient light (remember this was analogue and no IS) That shot made the front page of the Sunday supplement A3 full bleed. I got my name in the byline - lol
I think that’s when the 35-350 got my respect

£600 is a lot of money, but buys you next to nothing today in canon R land.
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Canon releases firmware v1.4.1 for the EOS R3

Not defending Canon here, but I wonder how they compare with Sony, Nikon and Panasonic regarding "technical oversights". It's a very competitive market, where goods have to be rushed out and are increasingly complex, so I'd imagine that the other brands have similar issues.
I've started to take the brick stories with a grain of salt though. I mean I saw one poster here upset that he had to format his card in order to get the firmware update to read properly. While I believe bricking cameras is definitely a thing, I also think there could be more to each story in terms of people following Canon's instructions precisely.
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The Canon EOS R5 C is now Netflix approved after latest firmware update

Curious as to how the R5C is Netflix approved but the C200 is not. Anyone care to fill me in, and if so much appreciated!
Sorry, I think I honed in on the possible time code issue after some Googling. However, Netflix gives some guidance. But it seems you may need an approved camera to serve as the primary. https://partnerhelp.netflixstudios....d-Cameras-Recommended-Settings-Best-Practices
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The Canon EF 24mm f/1.4L IS USM II has been officially discontinued

EF lenses used the fill the middle until most were discontinued.
I bought about half my lenses used. Even of my current outfit, I think only the 100-500 and 135/1.8 are new, the rest are used. It's not like used EF is suddenly unavailable. The main reason I wouldn't use EF is that in most cases the RF glass seems to bury it quality-wise. My 135/2 was the sharpest black Canon lens except maybe the 180/3.5, and possibly the 35/1.4 MkII, but the 100-500 is far sharper, as is the 100/2.8, and the 135/1.8 is massively sharper.

I generally agree though. I wanted product lines like the following:

Halo: 50/0.7. Crazy lens spec is most important. 28-70/2.0 and 1200/5.6 and 8-15 fisheye zoom and TS are examples. The goal is to have all the other system users regularly envying the possibilities of Canon shooters, even if they're mostly theoretical, mid-5-digit prices or even rental-only or purchase-by-invitation specialties.

Pro: 50/1.2: Durability AND THEN image quality is most important.

Amateur: 50/1.4: lenses with "fun" specs like semi-macro capabilities. Price and features are most important.

Street: 50/2: similar to Leica rangefinder. portability, image quality, and durability all must be ideal. Spec can be very modest, and price can actually be high.
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"Photo" generated by Artificial Intelligence wins Sony World Photography Award

The German artist Boris Eldagsen has rejected an award at this year's Sony World Photography Award after revealing that his submission was generated by Artificial Intelligence (AI).
The "photo" "Pseudomnesia: The Electrician." won the creative open category.
Eldagsen said he hoped his actions would open up the conversation around the issue and lead to "separate competitions for AI-generated images."
The eerie black and white image shows two women from different generations - the older woman appearing to hang on to the younger woman from behind.

Full article at CNN.
German article at n-tv.de.

An image of the Canon RF 100-300mm f/2.8L IS USM has leaked ahead of the official announcement

Reviewers make money through affiliate link purchases. Positive reviews benefit them. That doesn’t necessarily mean they’re dishonest, but it does mean they’re not unbiased.
Sorry. It means they might be unbiased. They may also be completely unbiased.

I have idea if Abbot is biased or not, but I consider his reviews to be just about the most reliable on the internet. Seems quite willing to tell all about the negatives and is generally rational and fairly even keeled when discussing the positives. Shows a lot of examples and test results. Avoids the hyperbole that is the norm on the internet, so I can't think of anyone better off-hand.
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EOS R on night drives (Kruger National Park)

Hi Alan,

Digging up an old thread here. I am planning a trip to Borneo. What did you take? What camera fees did you have to pay? The rules seem a bit weird to me.

I was thinking of taking my r5, 100-500, 70-200 f2.8 and 15-35. I was thinking about leaving the 24-70 at home and am up in the air about my 100mm macro.

I am interested in wildlife, landscapes and bugs. Any tips?
It was 6 years ago, visiting Sabah. I had a 5DIV + EF 400mm f/4 DO II + extenders, my wife a 5DSR + EF 100-400mm II. I don't recall paying camera fees then. The only thing that worried me was keeping the weight of the hand luggage for the plane within limits as we were told the cheaper internal flights would weigh the cases. If we were to go again, I would take the R5 and 100-500mm and my wife the R7 and RF 100-400mm for birding and also for bugs. We paid for an excellent local bird guide who arranged it all for us.
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I once was in love with my RP........

Ah,
“comparison is the thief of joy”
I have the M50 which tbh is more than I really need, but as the rites of passage go on these kind of hobby forums, I bought a M6ii. The M50 seldom saw use thereafter.

Likewise I bought a RP, now my 6dii never sees use. My closet is like a personal time capsule of my photography journey over the past three decades.

There’s a pattern emerging here. We feel the constant almost relentless need/urge to move up but we often don’t know why until we buy.

My R journey has suddenly and quite surprisingly derailed. I’ve caught myself in the cold light of early morning and realised I was losing sight of what photography was/is all about….merely capturing a moment!! Hence I’m staying put. I’ve simply had enough…..Knowing that I ‘could’ buy a R5 if I really wanted to doesn’t no longer seem justifiable anymore. Maybe I’ve learnt self constraint?
Woah, that’s been a expensive lesson!!

Like a child that gorged on chocolate until he was sick - I’ve learnt to say no.
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R5 - Best Custom Setup options for Buttons and Dials

Professionally I'm a photojournalist that primarily covers breaking news, but I also do a lot of landscape and wildlife photography in my free time for fun. Most of my custom control choices come from what I need the camera to do on a work assignment since I really don't have time to dig in a menu.

Custom Buttons
  • Shutter button: Default, Metering and AF start
  • Video button: Default, video start
  • Mode button: Default, mode

  • AF-ON: AF-off, I've always done this, I know people like back-button focus, but I photograph a lot of sudden, unexpected action at breaking news and I like knowing that the shutter is always linked to autofocusing, so that I don't end up hitting the shutter before focusing. Instead of back-button focus, I use the AF-ON button to turn off focus for times when I need a similar autofocus stop that you'd get using backbutton focus on a shot.

  • AE Lock: Cropping/aspect ratio, I love that this makes it as easy as pressing a button to get the 17 megapixel 1.6x digital teleconverter mode. I've loved using the crop mode on wildlife so far, and setting it to a button makes it easier to switch in a second if the subject gets closer. Lot easier than digging through a menu.

  • AF point button: Drive mode, with the different restrictions on FPS and bit-rate in drive modes in the R5 I find myself changing the drive more often, so I wanted a button dedicated to that.

  • DOF preview button: One-Shot / Servo AF, I've always had this set like this on all of my Canon cameras. There's just certain situations where you want the confirmation of knowing your focus is locked, and this is a lot quicker for sudden situations where servo focus won't work. Normally, on other cameras, I have it only use one-shot when it's held down, but the R5 doesn't offer the condition that it only switches when the button is held, unfortunately. That just means I have to remember to click it twice to get back to Servo focus.

  • Lens: Default, AF stop

  • My favorite: M-FN Button: Switch to Custom Shooting Mode, set to C1 only, other C modes turned off. C1: Shutter Priority, 1/1000th, 12 FPS, Spot meter, auto ISO. Again photographing breaking news means things can go very badly in an instant. I like this button as my "emergency" button, all I have to do is hit M-FN and I instantly know I'll have a high enough shutter speed and automatic exposure to get an image of whatever is in front of the camera. That gives me more freedom to use slower shutter speeds when there's not much going on, knowing that in an instant I can have the camera properly exposed at 1/1000th if something blows up.

  • LCD panel button: LCD illumination, I switched it to this because I never use the secondary display it offers by default, and this makes the button act more like the LCD light button on DSLRS.

  • SET: ISO, hold button turn shutter, I've always done this on all of my Canon cameras, I always hated having to fish for the ISO button to change ISO, so this makes it a lot faster to do. I know the R5 has a dial just for ISO now, but I've left this button as ISO because it's stuck in my muscle memory and I find myself doing this instinctively anyway. If I get used to the dial, this might find a new use.

  • Multicontroller, AF point selection
Custom Dials
  • Main dial, default, Shutter
  • Top dial(Quick Control Dial 2), ISO speed
  • Rear dial(Quick Control Dial 1), Aperture setting

  • Lens Control Wheel: Select AF method, this has been a new favorite of mine. I love the Subject detection tracking autofocus mode on the R5, it works awesome and finds eyes/people/birds/everything very well and lets me reframe as much as I want, or lets a bird fly through the frame while being tracked. The issue is, sometimes this mode gets wonky in weird conditions, and if you change to One-Shot focus, it uses the whole sensor as an automatic detect one-shot mode. That's super annoying, I wish it was still based off of your initial focus point for one-shot. I don't have time when I'm taking a photo to change focus settings to switch to one-shot mode, so the moment I need one-shot or the tracking focus isn't working well, I can quickly hit the dial on the lens left or right and switch between the AF point focus or tracking focus. I disabled most of the AF modes except subject detection, default point, and expanded point focus, which makes it even easier to switch. I'll also add that the nice thing with the direct method is that it has "hard stops" on the left and right ends of the settings list, so if I roll the wheel left it'll always stop at AF tracking, and if I roll the wheel right it'll always stop at expanded AF point. Super intuitive to me and I love this set up a lot.
H-Jones! Can you please explain, step by step, just how to achieve allocation of the C1 customised shooting mode to the Multi-Function button? I have been trying to do this, and failure to achieve it is driving me MAD. (With my old 7D and 400mm telephoto is was able to toggle the mode dial until it stopped - because it could go no further. This could be done without taking my eye off the bird/birds that suddenly, as they often do, provide an opportunity for a shot/shots - if you're fast enough. The 7D enabled my BIF settings to be acquired without taking my eyes off it/them as the camera came up to a shooting position. an't do that - yet - with the R5.....) When I get to the customize buttons, in a bid to set the MF button for that purpose, I get a message at the bottom of the screen that registering for C1-C3 not doable. Please, what am I doing wrong?
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Smallest dslr with prism

Well not one to hang about
I’ve a Pentax K10d coming my way, boxed, one owner, 2 batteries. I have a old 28mm smc lurking in the loft somewhere, it’s been up there for 30 odd years.
I’ll find it out.
I’m sure I could have bought a more recent model, but I thought 10mp ccd sounded just fine.

I might also pick up a cheap original Olympus OM-D some time this year as I’m certain there’s a zuiko 50mm in the loft too.

I do love canon but the demise of the M system and the seemingly relentless push of the R, especially given the cost of RF glass along with the pretty naff build quality (consumer line), I dunno…… I just feel like taking a break away from the canon bubble….maybe rediscovering what photography is actually all about. I always feel like I’m simply a operator on canon mirrorless…just snapping away churning out run of the mill super sharp, high contrast “Pack shots”… does that make sense??
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R3 Firmware 1.4 Released

Looks like there is a minor firmware for the R3 to 1.4.1

Firmware version 1.4.1 incorporates the following functional improvements and fixes.

  1. Adds support for Speedlite EL-5.*
  2. Adds [Register people priority] to the camera menu. Pre-registered people can now be detected and tracked with priority. **
  3. Adds [Save/load comm. settings on card] to the camera menu. Network settings can now be transferred between cameras of the same model.
  4. Adds [Panning Assist] to the camera menu. When a compatible lens is used for panning shots, image stabilization and subject blur correction are applied during the exposure.
  5. Improves the Auto White Balance (AWB) setting to reduce the time it takes for the AWB result to be reflected in the camera's viewfinder's display when looking through the viewfinder.
  6. Adds Protect Images During [FTP Transfer] to the camera menu. Images transferred via FTP can now be automatically protected. The user can determine if images have already been transferred via FTP.
  7. Fixes an issue in which Error 70 may occur when using the camera with certain EF lenses after having updated the camera firmware to Version 1.4.0.
  8. Fixes an issue in which the original tracking performance of Servo AF cannot be attained depending on shooting conditions when performing high-speed continuous shooting using the electronic shutter after having updated the camera firmware to Version 1.4.0.
  9. Fixes minor issues.
Link to Canon Canada - https://canoncanada.custhelp.com/rd?1=AvMs~wqODv8S~xb~Gv~0~yJtHOcqQBD7uV1sRT7~Pv_l&2=35075
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updated focus & Tracking coming to Cinema EOS? (R5C PLEASE)

After NAB has come and gone; Has anyone heard rumors if Canon's updated Tracking and Recognition will make it in the upcoming Cinema EOS FW Releases in June? Really hoping we get similar functionality in SF Mode (eg 120fps). It doesn't make sense that the r5c loses all focus tracking functions in SF Mode even though we now have a fan to stop overheating. They're only demoing ~30fps in the canon creator society; it really needs to support 120fps.
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RØDE introduces seven new products and product updates

Today at the NAB Show in Las Vegas, we’re making our biggest product announcement ever. We’re excited to introduce seven new products and product updates that will be launched over the coming weeks. This includes new firmware updates for the industry-leading Wireless GO II and RØDECaster Pro II, groundbreaking new products like the Streamer X, RØDECaster Duo and

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What to do when leaving PRO-4000 printer stored/unused for a long time?

Although late to the thread but may help others, get Q1 Image purge print every other day, ( You can schedule it leaving the printer power on, and computer on, the purge sheet printed will exercise the nozzles and consumes very small inks, you will not get a clog and you will spare your self the wasted ink from cleaning cycles.
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New Canon imagePROGRAF printers have been delayed for almost a year [CR2]

Canon Pro 1000 is a bargain at current price for many reasons that likely will be eliminated with the new release.
You are now able to get from Precision colors refills sans few colors that need to be OEM ( CO, Blue, Red, Yellow) which brings the cost down to 20$ if you disable the chips, to 35$ if you purchase the chips / per cartridge) that is going to be cancelled in the new release and a new work around is going to start to match those colors, canon is aware of those hacks and the bean counters do not like it, they will do everything possible to strike out this option.
Another reason why it is a bargain now is the abuse of the pro 1000 by resellers, they yank out the print head and sell it at full face same with the OEM inks and maintenance cartridge , then they sell the mutated body for whatever price they get ( Local pick up no Shipping and handling) that practice makes those printers very hard to find once a new model hits the market, I for myself decided to get a second one at this low price and keep it as a backup to my 5 years old pro 1000 just in case something goes wrong, I know I will not find a replacement down the road for this price with the exponential inflation we are in that does not seem to get any better.
The output of this beast is unrivaled, and I am not sure what more improvement that will be recognized by my eyes ( although I might be surprised) Canon will bring in the new replacement other than jacked up price , inability to do third party inks?
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Canon releases firmware v1.4.0 for the Canon EOS R3

Just speaking for myself: somehow, there is this notion that all professionals want more resolution and I just have to disagree. Of the 3 current “flagships” available, I’m more satisfied that my main camera has 24mp than I am missing out on 45 megapixels. The R5 does exceptionally well as the kind of camera I want to use for high resolution situations. But wildlife and some sports photographers are absolutely the other way around and WANT the higher resolution.

That argument that the Z 9 and A1 are better cameras because of their resolution is odd to me. If Canon came out with an R1 right now with 45-80mp, I would STILL keep my R3 because I don’t want that kind of resolution all the time. Until there is a true reduced RAW file size where we can essentially downsample 45mp into something more manageable like 20-30mp with minimal trade off, I personally don’t want to use the camera as my main workhorse.

Case in point: I just went though my external SSD and was archiving the race I shot last month, as well as last months real estate listings. The race was close to 300GB, or roughly 75GB a day in CRAW. Each real estate listing was between 30-40GB after editing and compositing shot in RAW. All said and done, I cleaned off 1TB of images from last month - that’s all at 24mp. When I replaced my 1DXII with the R5 I was blowing through external storage at races! Even in CRAW, the files are still large and create a heavy burden on computers when compositing or going through so many images. I live on my M1 Pro Max computer editing almost every day of the week. I don’t want to work with high resolution images every day…it would be so slow and take up even more space.

I don’t think this Vignes guy couldn’t be more incorrect in his statement about the R3.
Yes of course, there are many genres of pro and amateur photographer, some will be absolutely happy with 20MP, others will want/need more. For me, 45-50MP is the sweet spot, I don't really have a need for more. As a wildlife photographer, I'd happily use a 90MP camera, but *only* if the image quality and DR was at least as good as the R5, and *only* if there was an option to shoot pixel-binned "RAW" at a lower resolution (e.g. 22.5MP with a 90MP sensor). For some work, when using the RF100-500mm or anything larger, a gripped and highly durable body like the R3 would work very well for me, for other work I prefer the more compact, un-gripped R5. It would be nice to have both.
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