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Firmware Update

Canon Q3 2016 Financial Results - Profit and Sales Down

Canon yearly report

Canon Q3 financial results – Profit and Sales Down

Canon need some wonder products to recover its sales and gain some profit. This year again due to the low sales compacts camera & laser printers and they suffered from loss in the Canon Q3 2016 Financial Results.

From Canon

Under these conditions, the yen, which at one point in August fell below the 100 yen-to-U.S. dollar  mark and remained high throughout the quarter, had  a large negative impact on net sales and profits. On  top  of  this,  within  our  businesses,  sales  of  laser  printer  consumables  declined  significantly,  as   they did in the first half of the year, and for cameras, we recorded a 50% decline in compact camera  sales. As a result, net sales and profits declined

We are tired of posting Canon profit down news and we also hope they will soon recover from this crises.

Download Canon PDF Doc for more details

2 comments to Canon Q3 2016 Financial Results – Profit and Sales Down

  • Dano

    It’s Simple!Canon need Canon 5D Mk II, real ver.2.0. Video 4K, no crop factor, 4.2.2 internal, DR 14 stops, dual pixel etc. – max. 2200 USD. Or Canon is NOKIA.

  • Hmm it looks like your blog ate my first comment (it was super long) so I guess
    I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your
    blog. I as well am an aspiring blog blogger but I’m still new to the whole thing.

    Do you have any helpful hints for first-time blog writers?

    I’d certainly appreciate it.

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