Nikon Reports On Its Money-Making: 2.9% Drop in Revenue, 3.4% Drop in Profit
Last week, Canon reported its latest quarter’s financial results, which included some big double-digit drops in revenue and profit. Now it’s Nikon’s turn to show the world how it’s finances are doing. The company reported its latest quarterly results yesterday, and the numbers are decent.
Nikon may be earning less than 1/3 of what Canon does, but it seems to be doing a better job at keeping its ship steady as the industry is rocked by economic difficulties and the invasion of smartphoneography.
Also included in its latest financial reports are some facts and figures about its sales: during the first half of this fiscal year, the company sold 3.45 million interchangeable-lens cameras (up 720K), 4.77 million lenses (up 840K), and 8.26 million compact cameras (up 400K). Apparently the Nikon 1 mirrorless camera line is selling well: the company says that it’s a “solid performer”.
Image credit: Photograph by Pyzhou/Wikimedia Commons