Also, who's to say that Canon doesn't have a 7DII, 1D X II EOS M X(?) and lots of other goodies ready to go to production?Niki said:Mt Spokane Photography said:Canon does not respond, simply because they are making money while Sony and other imaging companies are losing a ton of money. Sales of digital cameras in general are poor, with P&S and Mirrorless being weakest. Introducing a major new product incurs a huge amount of cost, which comes directly out of profits. Unless the new product is going to make a profit, its better to stick with the existing one that has all the development and tooling costs already paid for, so every sale is quite profitable. Its not a good time to be throwing money away on new product releases that won't generate enough income to break even.
When Canon does come up with a major new product, you can be sure that it will have been researched and will sell. Profits are never guaranteed, but Canon has a good track record. In the meantime, look for products that are minor upgrades, basically a new label and a couple of software features added, but nothing that requires huge tooling expenses.
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As Mt Spokane says, product launches, especially international ones cost millions of dollars and need to be timed carefully to ensure maximum effect. If people are still buying their current products and aren't as likely to be excited by new products, why launch now in a depressed economy? Demand and likelihood of success are the drivers.
Some may remember when DVDs came out way back in 1997. Everyone wanted Star Wars, but George Lucas said that he wanted to wait until more people had the players. By waiting several years, he built up a massive demand and made far more money. Canon is likely doing this, especially with the 7DII.
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