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Canon’s profit projections are twice as bad as previously expected, reports Nikkei

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In April, Canon’s Q1 2019 financial report presented a 23% decline in camera sales, with an 81% drop in operating profit vs Q1 2018 and an anticipated 25.8% drop in operating profit across the year as a whole. Now, three months later, Nikkei Asian Review is reporting that the projected figure has now increased to a 40% reduction for the year.

The massive drop in operating profit, they say, is down to “a slowing European economy and slumping chip market”. And the projections are expected to drop further when Canon presents its first-half earnings next week.

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This guy scored a $1,299 Fuji X100F during Amazon Prime Day for only $102

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If there’s one certainty about Amazon’s Prime Day… uhh, Days? It’s that it’s pretty hectic. Everybody’s rushing to pick up the deals before they rush out, and staffers are trying to get listings up as quickly as possible. It seems that somebody was a little too eager to get a listing live without properly checking it, though.

According to Fuji Rumors, a member of the Fujifilm X100 Facebook group managed to pick up a Fujifilm X100F for $102. And it was sold and shipped by Amazon themselves. The regular price is $1,299, making for a pretty massive 92% discount, and according to the group member, the order is marked as “On the way” and is currently in the hands of UPS.

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B&H is fighting for your money before Prime Day with discounts up to $1,000 on Sony, Nikon, Canon and Panasonic

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Ahead of the Amazon Prime Day sales, B&H is offering some big savings on select Sony, Nikon, Canon and Panasonic cameras and lenses, with instant discounts of up to $1,000. We’ve had a look through their current specials to find the best deals with the biggest savings for photographers and filmmakers.

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Canon’s EOS R has already taken 22% of the Japanese full frame mirrorless market

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Although the Canon EOS R has received some criticism since its initial announcement, especially from the “Pro” users, Japan’s not listening. They’re going to buy it anyway. And they’re going go buy it to the tune of 22% full-frame mirrorless market share in only a month.

This instant boom in sales, combined with the Nikon Z7 release has seen Sony’s market share drop from 99.5% in July down to 67% as of October. BCN Retail has released their latest full-frame mirrorless sales report, including a breakdown of full-frame mirrorless sales between April and October 2018.

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For the first time in years, camera and lens production actually increased in 2017

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Well, this is a pleasant surprise. For the first time in a long time, camera and lens production and sales has gone up! Seeing an overall 8% increase in cameras and 2% lenses. Sure, not massive amounts, but compared to a 33% drop from 2015 to 2016, that’s mighty impressive. Of course, there have been a whole lot of new amazing cameras come out in the past year, so lots of people are updating their kit.

Our friends at Lensvid took a look at the numbers over the last year, as they have been doing each year for the last several years. And what’s interesting, if not all that surprising, is that while camera sales are up, DSLR sales are down. It seems the world is going mirrorless. At least it’s looking better than last year!

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Dear Automated Sales Bots – F*#K Off and Leave Me Alone!

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Sales 101 says that it is much more profitable to convert sales from existing customers than to retain new customers – but retailers have taken this to a fantastically annoying new level – to the point where I have to waste significant amounts of time and effort to ignore them.

Continue reading for a few examples of the most annoying practices of modern retailers and a few strategies that you can use to avoid them.

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Drones are definitely here to stay as US sales increased 117% in 2016

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Some drone manufacturers didn’t have a great holiday season last year. But that hasn’t stopped people from buying them. According to a new report from market research company NPD, “premium” drone dollar sales are up. And up in a big way. They’ve more than doubled on the previous year, rising by 117%. NPD define “premium” as drones costing more than $300.

The study covers the 12 month period ending in February 2017. And goes on to say that in the first two months of 2017, $300+ drones account for 84% of dollar sales, and 40% of unit sales. Out of that 84%, the majority of them were $1,000+ drones, like the DJI Mavic Pro and Phantom 4.

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Camera sales report for 2016: lowest sales ever on DSLRs and mirrorless

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2016 wasn’t exactly the best year ever, and it appears it was also pretty bad for photography. LensVid has issued a report on the camera industry facts from 2009 to 2016. When you compare camera manufacturing, sales, and shipment, you will get pretty unexpected and drastic differences. 2016 seems to be the worst year for the entire camera market so far, with the total drop of whopping 81% when compared to 2010? So, what happened? What caused these enormous drops?

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Nikon sales are down, but profits are up. Study suggests this pattern will continue

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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.

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