I post too Much on Here!!
- Jul 21, 2010
The market is contracting, and global economies are hard to predict. I suspect you’ll see the same pattern in IR releases from other ILC manufacturersadjusted strategy so timely, decisively and successfully ... that in "camera" they now are -47% vs. their own projection for 2019 and expect -14.5% revenues FY 2019 vs. previous year. Not to mention effects this will have on profitabilty.
Additional hint: potential market for ever more expensive FF cameras, lenses and "premium" G-compacts is limited. Very limited. Most potential buyers are more budget-limited and budget-minded, luckily. And intelligent enough to also not waste money on junk like EOS 4000 or Rebel/Kiss DSLRs any longer, when they can get better functionality in smaller packages as well.
Hint: Come back when Canon has lost market share.