Hacking Photography - one Picture at a time
Rumours were flying earlier this month out of Japan saying that Olympus wasn’t having a great time right now. In fact, they suggested Olympus was having such a bad time that they were considering leaving the digital camera market.
Well, now, according to a report on SankeiBiz, the Olympus president-elect, Yasuo Takeuchi, has stated with a pretty emphatic no, that Olympus will not be closing down its imaging business.
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.
GoPro has had its ups and downs, but apparently, this holiday season turned out to be profitable for the company. And it’s the first time since 2017. Apparently, GoPro’s newest Hero 7 lineup has helped the company turn its first quarterly profit in nearly two years.
After hitting the record revenue of $1.84 billion in Q3 of 2017, Adobe has done it again. They broke another record and reported $2.08 billion income in Q1 of 2018. Although many photographers are unhappy with the subscription-only model, it seems Adobe is still doing just fine. Even more than fine.
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.
You can find out more about John on his website and follow his adventures on YouTube and Facebook.
can change a lens mid-rappel, swap a memory card while treading water, or use a camel as a light stand.
To see more of his work please visit his studio website blurMEDIAphotography, or follow him on Twitter, 500px, Google Plus or YouTube.
JP’s photography is available for licensing at Stocksy United.
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