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Digicam Prices Fall, Profits Decline
Reuters has an interesting report on falling profits in the digital camera industry, particularly at the entry-level end of the market, as prices are slashed to remain competitive. Bad news for the manufacturers, good news for us consumers.
“Even makers with hit products have fallen on hard times. Nikon Corp. is making money on a new digital SLR launched in March, but still expects profits in its camera division to fall as prices of compact models slide.
“We expect prices to keep falling. But we are shifting our product line-up towards the high end,” said Nikon Chief Financial Officer Kenji Enya.
The problem with that strategy is that every digital camera company is doing the same thing: avoid the low-end of the market where price competition has made margins razor-thin.”
Website: Reuters - Profits fading in digital camera industry
Canon IXUS 240 HS Review
Canon PowerShot SX240 HS Review
Nikon D800 Review
Samsung DV300F Review
Olympus OM-D E-M5 Review
Nikon Coolpix P510
Panasonic Lumix DMC-TZ30
Canon PowerShot SX260 HS
Fujifilm X-Pro1
Sony Cyber-shot DSC-HX200V
#1 Philippe Wiget
Marc, the link above targets to the Bloomberg article on Kodak's job-cuts in the UK. I found this link via yahoo news pointing to Reuters, where the article is:
http://www.reuters.co.uk/newsPackageArticle.jhtml?type=reutersEdgeNews&storyID=623945§ion=finance&src=rss/uk/featuresNews
Hope that long link functions in the comment. Otherwise copy-paste it together
Philippe
11:28 pm - Friday, November 19, 2004
#2 Mark Goldstein
Thanks Philippe! The link is correct now...
4:16 pm - Saturday, November 20, 2004