unfocused said:The company is making a healthy profit. They actually did slightly better than outside analysts projected. And, in addition, while the overall market dropped, Canon stock actually beat the market.
I recognize that people who are buying Sony cameras want to feel good about their purchases. Confirmation bias is everywhere. But, it is self-delusional to twist a $552 million quarterly profit into a negative.
The only delusional bull here is your spinning the Reuters report. The headline title I quoted is the newsworthy part of the earnings release. Canon only beat expectations because they lowered them previously. And they have lowered them again. While it is positive that Canon are making a profit, do you really think that Canon believes that lowering its profits forcecast is a good thing?
As to the comment about "feeling good about buying Sony", I think that it explains why you making such insulting and distorted posts. These are camera companies, not football teams. If you own sense of self worth is based on how profitable the companies are that you buy from, I think you have a problem. I choose my equipment based on what what works photographically, not based on what label it has or how much profit the company makes. Nothing lasts forever.
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