Canon rush to reassure investors as camera profits plunge
1–10 of 132 posts
Re: Canon rush to reassure investors as camera profits plunge
#2This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people.
But I'm sure Canon's leaders laughed it off until now.
Re: Canon rush to reassure investors as camera profits plunge
#3This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
While smartphones have decimated the smaller portable camera markets, there is still a large market for larger sensor cameras (APS-C, Full Frame, Medium Format, Etc.)
Canon specifically has fallen drastically behind their competition in those spaces, allowing Sony to decimate them when it comes to features/performance and cost. Canon's current line up of cameras are missing features that their competitors have had for years. It's kind of shocking how they seem to consistently miss the mark on so many things. Their build quality and reliability is still top notch though.
I think ultimately the professional market looking for larger sensor cameras has gone to other brands due to this, which is probably hurting them a lot more than expected.
Re: Canon rush to reassure investors as camera profits plunge
#4This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
While smartphones have decimated the smaller portable camera markets, there is still a large market for larger sensor cameras (APS-C, Full Frame, Medium Format, Etc.) Canon specifically has fallen drastically behind their competition in those spaces, allowing Sony to decimate them when it comes to features/performance and cost. Canon's current line up of cameras are missing features that their competitors have had fo…
Yes, I'm trolling and I'm glad I see this day. I was an early Minolta adopter and always complained about Canon's and Nikon's arrogance, abusive pricing and limited/incompetent feature set. The day of reckoning is here!
Re: Canon rush to reassure investors as camera profits plunge
#5This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
Yes, I'm trolling and I'm glad I see this day. I was an early Minolta adopter and always complained about Canon's and Nikon's arrogance, abusive pricing and limited/incompetent feature set. The day of reckoning is here!
Re: Canon rush to reassure investors as camera profits plunge
#6This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
>since smartphones started replacing DSLRs
Smartphones reduced the market for ~$500 digital point-&-shoots. However, for the more expensive prosumer and professional cameras like the $1999 Canon EOS R mentioned in the article, Canon is competing with other high-end cameras like Sony Alpha mirrorless.
https://www.google.com/search?q=sony+mirrorless+outsells+can...
Re: Canon rush to reassure investors as camera profits plunge
#7For those wanting to see more about Canon's stock:
Re: Canon rush to reassure investors as camera profits plunge
#8This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
While smartphones have decimated the smaller portable camera markets, there is still a large market for larger sensor cameras (APS-C, Full Frame, Medium Format, Etc.) Canon specifically has fallen drastically behind their competition in those spaces, allowing Sony to decimate them when it comes to features/performance and cost. Canon's current line up of cameras are missing features that their competitors have had fo…
Canon's professional line has been lacking for years in the high ISO sensor performance. Their saving grace has been their lenses, which are still magnitudes better than the competition. That said, third party lensmakers like Sigma and Tamron have really been getting better in recent years, and the premium for Canon glass isn't always justifiable.
Re: Canon rush to reassure investors as camera profits plunge
#9This failure was a decade, if not longer, in the making, pretty much since smartphones started replacing DSLRs for travel photos for at least some people. But I'm sure Canon's leaders laughed it off until now.
While smartphones have decimated the smaller portable camera markets, there is still a large market for larger sensor cameras (APS-C, Full Frame, Medium Format, Etc.) Canon specifically has fallen drastically behind their competition in those spaces, allowing Sony to decimate them when it comes to features/performance and cost. Canon's current line up of cameras are missing features that their competitors have had fo…
I think more than anything its that Cannon has really missed the boat when it comes to the transition from still images to video. A decade or two ago, the vast majority of consumers only wanted a camera to shot photographs with, but now most consumers are also at least partially interested in shooting video, with many being primarily interested in video. Other companies have adapted to these changing consumer preferences (Panasonic and Sony especially) while Cannon has lagged behind in terms of rolling out more video focused features like 4K, IBIS, 10 bit color etc. in all but their top of the line models.
Re: Canon rush to reassure investors as camera profits plunge
#10Canon ignored m43, put out some crappy mirrorless cameras, sony ate their lunch. I'm not surprised in the least by this.