According to the latest reports, Olympus is doing badly. And it’s so bad, that the company could even leave the digital camera market. Reportedly, the company’s activist shareholders could force Olympus to exit the market and go into a different direction.
Camera industry is still decreasing with 24% drop in 2018
With Canon and Nikon announcing their full frame mirrorless camera, 2018 was an exciting year when it comes to camera industry. But how has this affected the overall results in gear manufacturing and sales? All this and more was explored in this video by LensVid. While the previous year brought us some long-awaited novelties: it seems that the market is still declining.
Canon sees a grim future for the camera business: expects digital camera market to shrink by half within two years
In a recent interview, Canon’s president Fujio Mitarai expressed not-so-optimistic predictions for the future of the camera business. He admitted that Canon’s sales have declined by around 10% in the past couple of years, and he believes that it will get even worse. According to Mitarai, the digital cameras market could shrink by as much as 50% within the next two years.
Nikon officially leaves Brazilian market
The division of Nikon in Brazil has officially ended its activities in this country. After announcing the closing of all e-commerce operations last year, Nikon has now left the Brazilian market. The only option for the customers is now buying gear on the gray market.
Why DSLR is not dead and it won’t be any time soon
With both Nikon and Canon soon joining the mirrorless game, the old question of the faith of DSLRs rises again: will this be the end of DSLR cameras? In this video, James Popsys gives his take on the topic. He believes that DSLRs will stay with us regardless of the mirrorless cameras, and let’s see if you agree with his arguments.
Want to buy used gear? This website will tell you its market value
No matter if you’re selling or buying used gear, I’m sure you’d like to get a good price. Bokeh Market is a website which will tell you the market value of used gear: cameras, lenses and bundles. This way, you’ll get the insight into the real-time value of used gear, so you can determine the price to sell it or make sure not to overpay when buying.
Nikon sales are down, but profits are up. Study suggests this pattern will continue
Nikon have released the financial results for the Image Products Business for the first quarter of the year. The report mentions that sales have dropped 8.9%, although net income has increased 176.2% over the same period last year.
Another report by Credence Research suggests that this may be the beginning of a trend. They cite smartphones and tablets as the biggest threat to both fixed lens and interchangeable lens cameras.
