Posts Tagged ‘forecast’

Nikon Stock Down Almost 24 Percent Year-to-Date, Worst Underperformer in the Nikkei

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Nikon’s stock is down, and down bad, according to a report by Reuters. Although the report starts by saying that Nikon is currently up 0.8%, it continues on by revealing that:

Nikon is down 23.6 percent year-to-date and is the worst underperformer in the Nikkei this year, while the benchmark has rallied nearly 49 percent.

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Canon Cuts Financial Forecast as Sales of ILCs Decline for the First Time

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Leading international camera maker Canon cut its annual profit forecast Thursday, revealing that sales of interchangeable-lens cameras are slowing for the first time ever. Read more…

What Does Canon Have Up Its Sleeve (In Terms of Camera Gear) for 2013?

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Wondering about the camera gear announcements Canon has planned for the rest of this year? Rumors floating around on the Internet could provide a glimpse into the company’s roadmap.
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Nikon May Combine D300s/D7000 Lines in 2013, Unleash New High-MP DSLR

What does Nikon have up its sleeve for 2013? According to Nikon Rumors, it may be at least one pro-sumer DSLR early in the year, possibly followed by a beastly high-megapixel flagship DSLR later in the fall.
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Camera Sales Falling Around the World as Smartphoneography Erodes Demand

Businessweek writes that Canon has lowered its sales estimates across all its camera lines, saying that smartphones are drinking its milkshake — and it’s not just Canon:

Global camera sales are expected to fall 4.3 percent this year to 115.2 million units, according to market researcher IHS. Industrywide camera shipments fell 25 percent in August from a year earlier, according to the Camera & Imaging Products Association in Tokyo.

By comparison, global sales of smartphones [...] rose 32 percent to 146.1 million units in the second quarter, according to market researcher Strategy Analytics.

“We lowered our camera sales projection because of slower economic growth and an increasing use of smartphones that’s eroding demand,” [Canon] Chief Financial Officer Toshizo Tanaka told reporters in Tokyo today.

This year, compact cameras are projected to have the worst demand since 2009. Who would have thought that digital cameras would be struggling as digital photography booms?

Canon Reduces Forecasts as Smartphones Start Replacing Cameras [Businessweek]


Update: Canon has announced its latest quarterly results. Revenue is down 13% and profit is down 42%.


Image credit: Fotógrafo / Photographer by ajgelado

Use Your Coffee Cup to Predict Whether Rain Will Ruin Your Outdoor Shoot

Did you know that your morning cup of coffee can help you predict rain? It’s a trick used by backpackers that can come in handy you’re shooting outdoors without Internet: pour a cup of coffee and carefully watch the bubbles. Backpacker Magazine writes,

If the bubbles amass in the center, you’re in a high-pressure system, which is making the coffee’s surface convex (higher in the middle). Since bubbles are mostly air, they migrate to the highest point. It’s going to be a beautiful day. If the bubbles form a ring around the sides of the mug, you’re in a low-pressure system, making the surface concave. Rain is likely. Note: It has to be strong, brewed coffee to have enough oil to work, and the mug must have straight sides.

To make new bubbles, simply give your coffee a good stir.

(via Backpacker Magazine via Instructables via Lifehacker)


Image credit: drip by subsetsum

CNBC: Point-and-Shoot Cameras Are an Endangered Species

CNBC ran this short segment a couple days ago in which they invited CNET’s Dan Ackerman to explain the changing landscape in the digital camera industry. He thinks point-and-shoot cameras may soon become extinct due to the rise of camera-equipped phones, but also that DSLRs are the cameras here to stay. A recent study found that phones have replaced digital cameras completely for 44% of consumers, and that number seems bound to rise as the cameras on phones continue to improve.

My guess is that in five years, we’ll see digital camera users divided into three camps: mobile phone, interchangeable lens compact, and DSLR. What’s your prediction?