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Firmware Update

Canon profit down, earning less than billion

Canon 5D Mark IIICanon just released its Q3 2012 earnings report with a operating profit of $908 million only, Its not a good news and the problem is Canon cannot blame directly DxOMark sensor score for the less DSLRs sales, see what Canon said about the result

Within the Imaging System Business Unit, despite efforts to achieve sales growth with the competitively priced EOS Digital Rebel series along with the EOS 5D Mark III and EOS 60D advanced-amateur models, sales volumes of interchangeable-lens digital cameras decreased from the year-ago period due to a delayed new-product launch. As for compact digital cameras, while highly functional PowerShot-series models contributed to healthy sales, unit sales for the third quarter declined from the corresponding period of the previous year due to sluggish market demand

Canon’s outlook for the next quarter:

Demand for interchangeable-lens digital cameras is expected to continue increasing across most regions, although prospects remain uncertain in some areas. Demand for compact digital cameras is anticipated to increase for models offering high functionality and high added value.

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