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Canon sales and profits down

Discussion in 'News and Rumors' started by wt21, Oct 26, 2012.

  1. wt21

    wt21 SC Hall of Famer

    Aug 15, 2010
  2. drd1135

    drd1135 SC Hall of Famer

    Jul 13, 2011
    Southwest Virginia
    Steve
    The EOS M will do just fine once they release it. However, it feels like a half-hearted effort because it is. Canon knows that their lead is based on P&S, which will be lost to cell phones, and DSLRs, which will be lost to mirrorless. There will be more players and they just can't dominate the new market the way they did in the past.
     
  3. Hyubie

    Hyubie SC Veteran

    360
    Jun 8, 2011
    Massachusetts
    Hmmm... early signs of Nokia Syndrome? :smile:
     
  4. serhan

    serhan SC All-Pro

    May 7, 2011
    NYC
    After reading this post, I remembered a LL article talking about industry insights, from past to present:

    Drug Prophesis

     
  5. tdp

    tdp Guest

    Canons mirrorless has been out here in Asia for a while. It looks and feels like a P&S.
     
  6. Gary

    Gary SC All-Pro

    Aug 19, 2012
    Southern California
    Gary Ayala
    When you're #1, you focus on not losing marketshare as opposed to gaining marketshare ... defense instead of offense, defense will keep you in the game but you gotta score to win.

    Gary
     
    • Like Like x 1
  7. drd1135

    drd1135 SC Hall of Famer

    Jul 13, 2011
    Southwest Virginia
    Steve
    Is this in a good or bad way, e.g., is the build quality bad or is it easy to use?
     
  8. tdp

    tdp Guest

    The build quality is fine. The size, shape and plasticky feel makes me think the canon P&S folks got to design this one.
     
  9. nippa

    nippa SC Top Veteran

    561
    Aug 7, 2010
    Cheshire UK
    Dennis
    Based on my last purchase of a boring Canon product those company results don't surprise me.

    The G1X and EOS M are two cameras with potential but hobbled by design.
    Actually , I haven't paid much attention to their DSLR range but handling a 5D this morning I was shocked at how cheap it felt in the hand.
    All rather sad really ; they've lost me a potential FF customer
     
  10. kyteflyer

    kyteflyer ~@¿@~

    Jan 31, 2011
    Newcastle, Australia
    Sue
    the 5D was released around the same time as the 450D IIRC... and, at the time, I chose to get a K200D instead of the 450D not only because of the massive price difference, but because the 450D felt like a toy. I would have gone with a Nikon D40 before I would have had a 450D. Plasticky, toylike, but with a reputation and resellers that push product (I believe they get bonuses based on sales). Thats why you'll see more Canon shooters than any other brand in my town.
     
  11. Isoterica

    Isoterica SC Hall of Famer

    Dec 6, 2011
    I've thoroughly enjoyed my 450D.. then again after having kids maybe I just have a penchant for plastic toys. Seriously this is all getting really old.
     
  12. tdp

    tdp Guest

    My 300D was plastic but I lugged it around everywhere and it took a real beating but survived until the 5DII came out (which was my plan), then 1 month after release the 300D died. It served it's purpose well!
     
  13. Isoterica

    Isoterica SC Hall of Famer

    Dec 6, 2011
    You couldn't have planned that better, good for you.
     
  14. Gary

    Gary SC All-Pro

    Aug 19, 2012
    Southern California
    Gary Ayala
    I have a 1DsMKII and a 1DMKX, both are absolutely wonderful in all respects, build, feel, and performance. My 5D feels like a toy when measured by the 1D's.

    Gary
     
  15. Landshark

    Landshark PhotoDog

    Jul 15, 2010
    SoCal
    Bob
    my new 1DX bodies are really nice but Canon far too long deliver them
     
  16. Luckypenguin

    Luckypenguin SC Hall of Famer

    Dec 24, 2010
    Brisbane, Australia
    Nic
    I think that there's more involved in Canon posting a lower than expected profit figure than a perceived lack of innovation from their camera division. As a high volume player in the market it is very easy to want to see them fall. If they don't do so well it's because their products are lacking, but if they do well it's because the products are lacking but people are only buying them for the name. I actually cringe at the oft expressed notion that Canon should just become yet another customer of Sony's sensor division for their APS-C and 135 size sensors. Sony's sensors are great and they do generate big numbers but there's more to image quality than just numbers. Numbers don't explain why I mostly prefer the output of the G1X to that of the NEX-5N.

    Having said that, it is disappointing that they have been so slow to come out with their own compact system camera. Even now the EOS M concept is still very much wait-and-see for me until they give some indication of what else is to come. If they could take most of what was in my old EOS 50D and present it in a more compact, mirrorless form it would be a very appealing camera.
     
  17. Luckypenguin

    Luckypenguin SC Hall of Famer

    Dec 24, 2010
    Brisbane, Australia
    Nic
    Since we got onto the subject of quality and durability, this is always a fun video to watch. The camera here is the 7D which is basically a mid-level prosumer body that was the successor to my 50D.

    http://youtu.be/RCT-YMgjm9k

    This one is a bit of fun also (includes both Nikon and Canon)

    http://youtu.be/D1tTBncIsm8

    I should add that these might not be for the faint of heart!
     
    • Like Like x 2
  18. Gary

    Gary SC All-Pro

    Aug 19, 2012
    Southern California
    Gary Ayala
    The 7D was quite impressive.
     
  19. Landshark

    Landshark PhotoDog

    Jul 15, 2010
    SoCal
    Bob
    Canon's main concern is video these days. 2 out of the three new high end cameras are more about video than still. Think more Red camera than Nikon or Sony.
     
    • Like Like x 1