Canon Releases Q3 2015 Results

[Diko]

Erm, NOT what? Maiaibing stated Europe > US. The fact that Asia > Europe does not invalidate Europe > US. Perhaps you should follow your suggestion to check the data...but do it properly. Simple math.

Yep. ROFL.

In 3 am last night I meant Otherwise NOT (about Asia being the biggest market). Today I laughed at may own (lack) of simple logic. Never-the-less without Japan according to my understandings Asia is not the biggest market, right?

To tell you the truth I really don't understand how come Europe has better sales than USA? Aside from the vivid birdwatchers in UK )) I really can't understand it. Is there any data about Canon's Europe sales country by country?

 

[Loswr]

Erm, NOT what? Maiaibing stated Europe > US. The fact that Asia > Europe does not invalidate Europe > US. Perhaps you should follow your suggestion to check the data...but do it properly. Simple math.

Yep. ROFL.

In 3 am last night I meant Otherwise NOT (about Asia being the biggest market). Today I laughed at may own (lack) of simple logic. Never-the-less without Japan according to my understandings Asia is not the biggest market, right?

To tell you the truth I really don't understand how come Europe has better sales than USA? Aside from the vivid birdwatchers in UK )) I really can't understand it. Is there any data about Canon's Europe sales country by country?

True, but Japan is part of Asia, right? CIPA just breaks it out because that's understandably important to them as a Japanese organization.

Europe has more people than the U.S., and Europe has a bigger economy (by GDP) than the U.S. So probably not too surprising that more cameras are sold in Europe.

 

[Loswr]

Are you holding out for some imaginary medium format camera that shoots fifteen frames a second with twenty stops of DR and fits in your pocket?

Yes, please...and the 600mm f/2.8 lens the size of a soda can to go with it!

 

[Diko]

Cannot say I'm surprised. I wonder if they will actually face a loss before they decide to create some good products.

How good do cameras have to be before you can take a decent photo?

Let's see your S___ photos then big boy.

No, really, I want to know. You say Canon hasn't made a good product yet, so in your lofty opinion, just what exactly is a good product? If the 1DX or 5DsR aren't doing it for you then what is? Are you holding out for some imaginary medium format camera that shoots fifteen frames a second with twenty stops of DR and fits in your pocket?

+1

5Ds is actually much more than what numbers and specs reveal. Lovely device providing great freedom for photoshooting. ;-)

 

[bedford]

Sony reports similar results for the quarter ending Sep 15 (Q2):
"Sales increased 4.1% year-on-year (a 3% decrease on a constant currency basis) to 186.0 billion yen (1,550 million U.S. dollars), primarily due to an improvement in product mix of digital cameras* reflecting a shift to high value-added models and the impact of foreign exchange rates, partially offset by a decrease in unit sales of digital cameras reflecting a contraction of the market."

See: http://www.sony.net/SonyInfo/IR/library/fr/15q2_sony.pdf

Oliver

 

[unfocused]

Sony reports similar results for the quarter ending Sep 15 (Q2):
"Sales increased 4.1% year-on-year (a 3% decrease on a constant currency basis) to 186.0 billion yen (1,550 million U.S. dollars), primarily due to an improvement in product mix of digital cameras* reflecting a shift to high value-added models and the impact of foreign exchange rates, partially offset by a decrease in unit sales of digital cameras reflecting a contraction of the market."

See: http://www.sony.net/SonyInfo/IR/library/fr/15q2_sony.pdf

Oliver

A less tolerant person might recycle this quote:

Cannot say I'm surprised. I wonder if they will actually face a loss before they decide to create some good products.

Or possibly this one with the following corrections:

Hehe! So my purchasing decisions are showing first effects! Have not bought new Canon Sony stuff for more than a year now. And obviously it's not just me ... Canon Sony does not make what i want, so I don't buy. As simple as that... hasta la vista, baby!

Of course, I wouldn't be so mean as to do that.

I would though, point out, that taking global trends and viewing them through myopic eyes focused only on what one personally wants is a good way to look like a fool.

 

[that1guyy]

Cannot say I'm surprised. I wonder if they will actually face a loss before they decide to create some good products.

How good do cameras have to be before you can take a decent photo?

Let's see your S___ photos then big boy.

No, really, I want to know. You say Canon hasn't made a good product yet, so in your lofty opinion, just what exactly is a good product? If the 1DX or 5DsR aren't doing it for you then what is? Are you holding out for some imaginary medium format camera that shoots fifteen frames a second with twenty stops of DR and fits in your pocket?

Yes because the only alternative to a 5DsR and a 1DX is this imaginary camera that you made up. 1DX is beyond my price range. 5DsR is a repackaged 5D3 with more megapixels. I don't see Canon adding any new features in their cameras or improving their sensor tech for the past several years.

 

[plam_1980]

Dilbert,

"It now expects 370 billion yen for the year to end December, up from a prior prediction of 365 billion yen and a 9.7 percent increase on the previous year."

I wouldn't worry too much about Canon.

"but it nudged up its full-year earnings estimates on a sharply weaker yen"

If a company makes its profits not because of increased sales, but because of foreign-exchange profits, they should better start to worry (you or me not so much, if we are not shareholders)

 

[PureClassA]

Sorry to shatter every Sony fanboy myth, but here....

http://www.canonwatch.com/sony-increases-earnings-demand-for-sony-cameras-felt-by-27/

 

[Stu_bert]

Sorry to shatter every Sony fanboy myth, but here....

http://www.canonwatch.com/sony-increases-earnings-demand-for-sony-cameras-felt-by-27/

Interesting that on DPReview the news is reported differently...

http://www.dpreview.com/articles/0427556344/sony-s-latest-financial-results-show-camera-unit-sales-down-operating-income-up

3% decline on it's imaging products sales, avoiding the perhaps more significant 27% drop. Biased reporting without showing all the information....

Via Tom Hogan:

CIPA is reporting that compact camera unit volume is down 21% year-to-year, while DSLRs are down 5% and mirrorless up 3%

Tom's commentary is as-usual, quite neutral & balanced, essentially it's too early to tell if moving to more expensive units will offset volume decline.

 

[bedford]

Sorry to shatter every Sony fanboy myth, but here....

http://www.canonwatch.com/sony-increases-earnings-demand-for-sony-cameras-felt-by-27/

What's the source for the 27% drop in unit numbers?

I couldn't find this information in the official Q2 financial report.

Regards,
Oliver

 

[Stu_bert]

Sorry to shatter every Sony fanboy myth, but here....

http://www.canonwatch.com/sony-increases-earnings-demand-for-sony-cameras-felt-by-27/

What's the source for the 27% drop in unit numbers?

I couldn't find this information in the official Q2 financial report.

Regards,
Oliver

Oliver

This is from Tom Hogan's site (my italic & bold)

Note: once again we have a number of photography sites blindly repeating numbers they found published by the mainstream press, this time the decline in camera unit volume at Sony reported in their latest financial disclosures (unit volume down 27%). Without a detailed breakout, it’s tough to tell what that decline really represents, but I’d guess it’s mostly Cyber-shots, which are slowly becoming invisible. <snip>