Nikon Profit way up-DSLRs...article

Archived from groups: rec.photo.digital (More info?)

http://news.yahoo.com/s/nm/2005080 [...] n_nikon_dc

Oh, and Canon is up too.

Archived from groups: rec.photo.digital (More info?)

"Bill Hilton" <bhilton665@aol.com> wrote in message
news:1123597807.956338.263480@z14g2000cwz.googlegroups.com...
> >Mark writes ...
> >
> >Oh, and Canon is up too.
>
> I sure saw a lot of D2x's and D70's in Santa Fe last week Got to
> handle a D2x for a short while (I'm a Canon user) and it was an
> impressive camera.
>
> Wonder how Oly will do this quarter?
>
> Bill
>
I saw on one of the financial programs (so many it is hard to keep count)
that Oly had a substantial loss.
Jim

Archived from groups: rec.photo.digital (More info?)

On 9 Aug 2005 08:23:55 -0700, "Bill Hilton" <bhilton665@aol.com>
wrote:

>> Jim writes ...
>>
>>I saw on one of the financial programs (so many it is hard to keep
>>count) that Oly had a substantial loss.
>
>The previous quarter their imaging group reported a 24 billion yen
>loss, which may be what you're thinking of. I didn't see anything for
>the current quarter yet.
>
>When a quarterly loss was looming at the semiconductor companies I used
>to work for management and the financial guys would toss every possible
>expense into the quarter, making that quarter look worse than it really
>was so they could claim improvement the next quarter. Probably Oly did
>the same thing so the 24 billion yen loss could have included a lot of
>one-time costs. But they need to start showing a profit in the imaging
>division in the next few quarters or the future of that group (and by
>extension the 4/3 concept) would seem to be shaky.
>
>Bill


http://yahoo.reuters.com/financeQu [...] 232_newsml

Archived from groups: rec.photo.digital (More info?)

"Charles" <ckraft@SAMTRAP.west.net> wrote in message
newsqihf157vl3kpbiash5cjl34nkgijgsk91@4ax.com...
> On 9 Aug 2005 08:23:55 -0700, "Bill Hilton" <bhilton665@aol.com>
> wrote:
>
>>> Jim writes ...
>>>
>>>I saw on one of the financial programs (so many it is hard to keep
>>>count) that Oly had a substantial loss.
>>
>>The previous quarter their imaging group reported a 24 billion yen
>>loss, which may be what you're thinking of. I didn't see anything for
>>the current quarter yet.
>>
>>When a quarterly loss was looming at the semiconductor companies I used
>>to work for management and the financial guys would toss every possible
>>expense into the quarter, making that quarter look worse than it really
>>was so they could claim improvement the next quarter. Probably Oly did
>>the same thing so the 24 billion yen loss could have included a lot of
>>one-time costs. But they need to start showing a profit in the imaging
>>division in the next few quarters or the future of that group (and by
>>extension the 4/3 concept) would seem to be shaky.
>>
>>Bill
>
>
> http://yahoo.reuters.com/financeQu [...] 232_newsml

Apparently the non-DSLR end of digital camera market is so cut-throat that
there's little profit in it for ANY manufacturer. It was DSLRs that brought
Nikon up--not point-and-shoots.
With Olympus basically out of the DSLR market (4:3 is going basically
nowhere), they may well be in trouble as a direct result.