Is Canon in trouble?

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Archive 2009 · Is Canon in trouble?

Tim Speciale
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p.1 #1 · Is Canon in trouble?

Canon's Profits are tanking folks
http://www.thephotodictionary.com/blog/?p=109

Jan 29, 2009 at 06:25 PM

Lance Couture
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p.1 #2 · Is Canon in trouble?

http://www.fredmiranda.com/forum/topic/733954

Jan 29, 2009 at 06:29 PM

wing tong
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p.1 #3 · Is Canon in trouble?

Did anyone make much of a profit last year? Is there any companies not in trouble??

Jan 29, 2009 at 06:32 PM

sunbeast
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p.1 #4 · Is Canon in trouble?

Lance Couture wrote:
http://www.fredmiranda.com/forum/topic/733954

I agree with the observation made in the linked post......a profit is a profit in this day and age. I don't think I'll lose too much sleep over Canon's profit drop.

Jan 29, 2009 at 06:36 PM

gbee
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p.1 #5 · Is Canon in trouble?

Well, a profit is a profit, you've made your wages and you're not hungry. So you, or rather the shareholders, won't eat so much Caviar, Opilio Crab and won't wash it down with $1,000 bottles of bubbly.

You'll [Canon] still eat well at cheaper restaurants and may have to holiday at home, it's the patriotic thing to do anyway now, that's the new buzz words.

And know what, the new world president's idea of bringing all American foreign industries home ~ is bang on the money. We all need to produce our own stuff, maybe Canon can hire a production facility for the US domestic market from Bill or Craig in Washington.

Imagine that, the new Canon 1DMKIV, Made In the USA.

Jan 29, 2009 at 06:47 PM

RikWriter
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p.1 #6 · Is Canon in trouble?

gbee wrote:
You'll [Canon] still eat well at cheaper restaurants and may have to holiday at home, it's the patriotic thing to do anyway now, that's the new buzz words.

Screw that...I'm vacationing in Alaska.

Jan 29, 2009 at 06:53 PM

Andy Witkowski
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p.1 #7 · Is Canon in trouble?

www.fairtax.org will help with bringing businesses to the country. Oh and that bang on idea of bringing them back isn't a new idea.

Jan 29, 2009 at 07:10 PM

maxxevv
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p.1 #8 · Is Canon in trouble?

RikWriter wrote:
gbee wrote:
You'll [Canon] still eat well at cheaper restaurants and may have to holiday at home, it's the patriotic thing to do anyway now, that's the new buzz words.

Screw that...I'm vacationing in Alaska.

How about Hawaii ??

Jan 29, 2009 at 07:11 PM

mark petri
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p.1 #9 · Is Canon in trouble?

Well, it wasn't a good year in terms of DSLR market share for Canon. They let Nikon steal the thunder as far as I'm concerned. Partly product, but mostly marketing to blame (or lack thereof). With that said, Canon did fine all things considering.

Jan 29, 2009 at 07:13 PM

Tim Speciale
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p.1 #10 · Is Canon in trouble?

mark petri wrote:
Well, it wasn't a good year in terms of DSLR market share for Canon. They let Nikon steal the thunder as far as I'm concerned. Partly product, but mostly marketing to blame (or lack thereof). With that said, Canon did fine all things considering.

Indeed. The Nikon D3 is stellar
http://www.thephotodictionary.com/blog/?p=90

Jan 29, 2009 at 07:18 PM

polarbare
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p.1 #11 · Is Canon in trouble?

Being in the black is still being in the black, regardless of if it's $1 or $1,000,000,000. If you're able to turn a net profit in this economy you're still Ok.

Jan 29, 2009 at 07:23 PM

canvasback13
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p.1 #12 · Is Canon in trouble?

All consumer electronic companies are performing poorly.

Canon may have done bad, but Nikon's stock has performed much worse. Nikon's isn't schedualed to release earnings till 2/5/09.

Both stocks peaked in mid 2007, since then:
Nikon stock has gone from $360 to 113 (down 69%)
Canon stock has gone from $60 to 28 (down 53%)

Jan 29, 2009 at 07:33 PM

gearhead5
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p.1 #13 · Is Canon in trouble?

Canon is in "trouble" just like every other major company in the US or the world because we are in a serious global recession. Toyota lost money for the first time this year. Canon is a big,diversified company and did not lose money because of what Nikon did.

Jan 29, 2009 at 07:37 PM

Daan B
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p.1 #14 · Is Canon in trouble?

Let's hope they are in trouble... What goes around comes around

Jan 29, 2009 at 07:39 PM

chris78cpr
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p.1 #15 · Is Canon in trouble?

Pah i fail to see how reduced profit is trouble.

If you want trouble i suggest you go down to the large majority of small business's that are shutting daily and talk to some of the work staff who no longer have jobs and are going to start to struggle to provide for the family.

Jan 29, 2009 at 08:49 PM

RDKirk
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p.1 #16 · Is Canon in trouble?

Daan B wrote:
Let's hope they are in trouble... What goes around comes around

So what did Canon do to you?

Jan 29, 2009 at 08:54 PM

John Power
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p.1 #17 · Is Canon in trouble?

RDKirk wrote:
Daan B wrote:
Let's hope they are in trouble... What goes around comes around

So what did Canon do to you?

Excellent question RD...

Jan 29, 2009 at 09:09 PM

Vivek
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p.1 #18 · Is Canon in trouble?

RDKirk wrote:
Daan B wrote:
Let's hope they are in trouble... What goes around comes around

So what did Canon do to you?

Me thinking the same... The last time I checked, they did not have a gun to your head to ensure you buy their products.

-- Vivek

Jan 29, 2009 at 09:11 PM

Daan B
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p.1 #19 · Is Canon in trouble?

RDKirk wrote:
Daan B wrote:
Let's hope they are in trouble... What goes around comes around

So what did Canon do to you?

Excuse me for my bitterness... I guess I have had too many DOA's and trips to Canon Service the past year

Jan 29, 2009 at 09:25 PM

thedigitalbean
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p.1 #20 · Is Canon in trouble?

Daan B wrote:
Let's hope they are in trouble... What goes around comes around

Does no one else see the irony in that statement?

Hoping that someone is in trouble....

What goes around comes around....

hoping that someone is in trouble....

what goes around comes around....

Jan 29, 2009 at 09:26 PM

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