Sunday, 29 April 2012

Canon reviews slightly greater profits in Q1, teases new compact cameras around the way

Canon reports slightly higher profits in Q1, teases new compact cameras on the way

Canon reported its Q1 2012 earnings now, and things certainly have the symptoms of gone much better than the final time we checked in if this changed the organization leader. While revenue rejected slightly, internet profit arrived at 61.54 billion yen ($766 million), up 11 percent from last year. There is no executive moves to report, however around the earnings call executive Vice president and CFO Toshizo Tanaka noted one sales increase of 30 % for SLR cameras such as the new Eos 550d 5D Mark III along with the cheaper T3i, Mark II and 60D models, coupled with strong sales for Wi-fi compatability-connected point-and-shoots. So far as new items, while its new cinema cameras have a glancing mention the program this season includes compact cameras "providing the image characteristics that approaches SLR cameras", with enhanced design and network connectivity features. All of the amounts and earnings call talk have been in black and whitened in the links below, although we would rather spend our time taking a chance about the way forward for mirrorless cameras.

Canon reviews slightly greater profits in Q1, teases new compact cameras in route initially made an appearance on Engadget on Sitting, 28 Apr 2012 05:11:00 EDT. Please visit our terms to be used of feeds.

Permalink      sourceCanon Q1 2012 earnings call, Q1 2012 results (PDF)    Email this   Comments

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