Canon announced its quarterly earnings and according to the report the operating profit of the company is down and fallen approx 21% compared to the last year.
The News agency Reuters reports says the big harm is done by the increasing market share of Mirrorless and Compact camera.
Compact camera sales are almost flushed by the high-end mobile devices with lot of image editing apps and easy social share features.
The Recent A7 series also becoming ultra poplar among Canon users since they easily do AF with Canon lenses by the help of Metabones Lens adapter. So Canon users need not to buy extra Sony lenses, Just a Sony Mirrorless camera and a adapter will do the Job.
Take a look at the list of articles below we are publishing one by one continually from the year 2012. The time has arrived that should completely change it’s strategy, otherwise we have seen fall of Kodak camera giant.
Canon Profit Down – 16% in Second Quarter- By admin, on July 28th, 2015
Canon Profit Down – 16% in Second Quarter- By admin, on July 28th, 2015
Canon profit down, earning less than billion –By admin, on October 27th, 2012
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