decline

Canon’s Q2 2019 Financial Report Shows Steep Decline in Camera Sales – Photography Article

Canon released their Q2 2019 financial results earlier this week, showing that recent predictions of a steep decline in profit were on the money (so to speak). But despite reporting significant declines in both Net Sales and Unit Sales of their cameras, the company remains optimistic about its prospects in the mirrorless camera market. The full financial presentation includes results for all of Canon’s businesses, including the Medical Systems business where the company experienced double-digit growth. That’s where the good…

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Canon Increased Market Share in 2018 But Camera Market Continues to Bleed – Photography Article

Nikkei published its 2018 digital camera market trends report yesterday, and the news is grim. While Canon, Fuji and Olympus all saw their global market share increase last year, total sales volume for digital cameras dropped by a whopping 22%. The story is perhaps rosiest for Canon, whose 40.5% market share represents an increase of 3.9% over 2017. Meanwhile, its closest competitors both saw market share drop, with Nikon logging 19.1% (a decrease of 2.7%) and Sony at 17.7% (a…

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“Spoiled Journalists” – Why Communicators Should Support MENA’s Declining Media Sector – Photobook Photography Article

The Gulf’s media has had a shocking year so far, with a series of journalist layoffs in the UAE. Is there anything that communicators can do to support the journalists they work with? I’ve been around the block, and I’ve read, seen and done so many bizarre things in my profession that I’m rarely phased. But there’s a moment once in a blue moon when I have one of these moments where I’m reliving Arsenio Hall. What set me off…

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