Canon 2Q financials are out. no great surprises.
2Q was down 5% in unit sales from 2017 2Q, however total units sold is around the same as last year
the big surprise was mirrorless growing 70% for the first half of 2017
http://www.canon.com/ir/finance/earnings/
I truely expect to see canon put alot more muscle behind mirrorless now, it's a serious growth market for them.
The interchangeable-lens camera market continues to recover from the impact of last year’s
earthquake, particularly in developed countries. As such, the pace of market contraction has been
gradually slowing on a global basis. Within this business environment, we sold 1.43 million units in
the second quarter, as we limited the decline to 5%. And for the half, we secured the same level of
unit sales as in the first half of 2016.
In this quarter as well, sales remained strong, particularly for mirrorless cameras. Within this trend,
we grew sales of the EOS M6, a new mirrorless camera that has been highly rated not only for its
high image quality, but also for its compact and lightweight form factor. This camera was designed to
capture demand from people who, for example, are considering a step up to a camera with more
features and better performance. Including this factor, first half unit sales of mirrorless camera grew
more than 70% compared to the same period last year, leading to overall sales growth for
interchangeable-lens cameras.
This also means that canon is outpacing gains this year in mirrorless overall, gaining marketshare.
Canon has sold 2.51 million ILCs so far this year; which probably puts them around 43-46% depending on June's CIPA numbers.
2Q was down 5% in unit sales from 2017 2Q, however total units sold is around the same as last year
the big surprise was mirrorless growing 70% for the first half of 2017
http://www.canon.com/ir/finance/earnings/
I truely expect to see canon put alot more muscle behind mirrorless now, it's a serious growth market for them.
The interchangeable-lens camera market continues to recover from the impact of last year’s
earthquake, particularly in developed countries. As such, the pace of market contraction has been
gradually slowing on a global basis. Within this business environment, we sold 1.43 million units in
the second quarter, as we limited the decline to 5%. And for the half, we secured the same level of
unit sales as in the first half of 2016.
In this quarter as well, sales remained strong, particularly for mirrorless cameras. Within this trend,
we grew sales of the EOS M6, a new mirrorless camera that has been highly rated not only for its
high image quality, but also for its compact and lightweight form factor. This camera was designed to
capture demand from people who, for example, are considering a step up to a camera with more
features and better performance. Including this factor, first half unit sales of mirrorless camera grew
more than 70% compared to the same period last year, leading to overall sales growth for
interchangeable-lens cameras.
This also means that canon is outpacing gains this year in mirrorless overall, gaining marketshare.
Canon has sold 2.51 million ILCs so far this year; which probably puts them around 43-46% depending on June's CIPA numbers.