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Archive 2012 · Canon President Will Step Down.
  
 
Tom K.
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p.1 #1 · p.1 #1 · Canon President Will Step Down.


Canon President Will Step Down:

http://www.bloomberg.com/news/2012-01-30/canon-president-steps-down-as-forecast-misses.html

Edited on Feb 07, 2012 at 07:21 AM · View previous versions



Feb 07, 2012 at 07:01 AM
mttran
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p.1 #2 · p.1 #2 · Canon President Will Step Down.


His team did not paticipate here often, that's why


Feb 07, 2012 at 07:05 AM
robsuh
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p.1 #3 · p.1 #3 · Canon President Will Step Down.


They replaced a 70 year old with a 76 year old.

A 65 year old qualifies as new blood in the Canon executive level.



Feb 07, 2012 at 07:06 AM
chrisdee
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p.1 #4 · p.1 #4 · Canon President Will Step Down.


So where's the fast sinking? All I see is they made a profit, just less than expected in the last 2 years. Nice thread title btw, dpreview forums overwhelmed atm?


Feb 07, 2012 at 07:10 AM
Nowhere Man
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p.1 #5 · p.1 #5 · Canon President Will Step Down.


What's with the "URGENT!!!!" ? I think there is no need to yell and scream here. .

So they missed their forecasted earnings. So did a lot of companies the last few years. Interesting read though. Thanks for posting



Feb 07, 2012 at 07:14 AM
Tom K.
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p.1 #6 · p.1 #6 · Canon President Will Step Down.


chrisdee wrote:
So where's the fast sinking? All I see is they made a profit, just less than expected in the last 2 years. Nice thread title btw, dpreview forums overwhelmed atm?


Firing the President of a massive company like Canon is BIG news. They do not make moves that drastic unless things are really at the nightmare stage.



Feb 07, 2012 at 07:14 AM
user222
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p.1 #7 · p.1 #7 · Canon President Will Step Down.


I think your thread title is a tad melodramatic. Canon, in relative terms is doing ok.

Now take a look at Panasonic. They are projecting a record 10 billion loss! (Then there's the whole Olympus meltdown).

http://www.businessweek.com/news/2012-02-05/panasonic-forecasts-record-10-billion-loss-on-floods-charges.html



Feb 07, 2012 at 07:18 AM
watkinssr
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p.1 #8 · p.1 #8 · Canon President Will Step Down.


profit not increasing as much as they thought it would is not a nightmare stage. It's not sinking either. It's going to be ok, calm down.



Feb 07, 2012 at 07:19 AM
chrisdee
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p.1 #9 · p.1 #9 · Canon President Will Step Down.


Tom K. wrote:

If you say so... They still managed to increase profits since last year, despite being almost wiped out by tsunami, and their exports selling for 25% less due to currency valuation. In the meantime, others have lost a few hundred trillions in the same period, and still marching ahead with the same President



Feb 07, 2012 at 07:23 AM
ViscaB
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p.1 #10 · p.1 #10 · Canon President Will Step Down.


user222 wrote:
I think your thread title is a tad melodramatic. Canon, in relative terms is doing ok.

Now take a look at Panasonic. They are projecting a record 10 billion loss! (Then there's the whole Olympus meltdown).

http://www.businessweek.com/news/2012-02-05/panasonic-forecasts-record-10-billion-loss-on-floods-charges.html


... and Kodak.



Feb 07, 2012 at 07:33 AM
 

Search in Used Dept. 



John_T
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p.1 #11 · p.1 #11 · Canon President Will Step Down.


...well maybe that clears the way for a new 100-400L now.


Feb 07, 2012 at 08:07 AM
Mike Mahoney
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p.1 #12 · p.1 #12 · Canon President Will Step Down.


Tom K. wrote:
Canon President Will Step Down:

http://www.bloomberg.com/news/2012-01-30/canon-president-steps-down-as-forecast-misses.html



About time .. Canon is in trouble, big time.

For example today while Nikon announces two new prosumer full frame bodies that actually focus, Canon offers us a (supposedly) upgraded 24-70 at an almost double price point and still no prosumer full frame body that can properly focus. Thanks, but no thanks.




Feb 07, 2012 at 10:40 AM
troy12n
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p.1 #13 · p.1 #13 · Canon President Will Step Down.


Mike Mahoney wrote:
About time .. Canon is in trouble, big time.

For example today while Nikon announces two new prosumer full frame bodies that actually focus, Canon offers us a (supposedly) upgraded 24-70 at an almost double price point and still no prosumer full frame body that can properly focus. Thanks, but no thanks.



Thanks for disregarding the lens and body announcements for the past few months...



Feb 07, 2012 at 12:58 PM
arbitrage
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p.1 #14 · p.1 #14 · Canon President Will Step Down.


John_T wrote:
...well maybe that clears the way for a new 100-400L now.


One can only hope....and add to that the 4005.6L with IS



Feb 07, 2012 at 01:15 PM
400d
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p.1 #15 · p.1 #15 · Canon President Will Step Down.


He's stepping down because someone is very mad that the 24-70mm II doesn't have IS.


Feb 07, 2012 at 01:20 PM
GC5
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p.1 #16 · p.1 #16 · Canon President Will Step Down.



Canon is, however, putting some clamps on the dslr video market. I question that strategy, but if you are in to video, Canon offers a whole lot more than Nikon...



Feb 07, 2012 at 02:56 PM
John_T
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p.1 #17 · p.1 #17 · Canon President Will Step Down.


arbitrage wrote:
One can only hope....and add to that the 4005.6L with IS


Well, you are going to laugh. I finally said to the hell with it a couple of hours ago, packed up my thrice to CPS UU 100-400L, went to my favorite pro shop and traded it in for a brand new UZ 100-400L, sharp as a tack.

Now you can be certain a 100-400L IS Mark II will be announced very shortly.

Say thanks...



Feb 07, 2012 at 04:35 PM
jamesf99
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p.1 #18 · p.1 #18 · Canon President Will Step Down.


troy12n wrote:
Thanks for disregarding the lens and body announcements for the past few months...


If you're talking about the 1Dx, that's a joke. $6,800 for a 1d replacement?

It's 2012, not 2002. Someone should tell Canon...



Feb 07, 2012 at 04:45 PM
deepbluejh
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p.1 #19 · p.1 #19 · Canon President Will Step Down.


Maybe this will shake things up a bit.


Feb 07, 2012 at 04:49 PM
Wahoowa
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p.1 #20 · p.1 #20 · Canon President Will Step Down.


deepbluejh wrote:
Maybe this will shake things up a bit.


Maybe the new high pricing is what he has shaken things up.



Feb 07, 2012 at 05:08 PM
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