fredmiranda.com
Login

Moderated by: Fred Miranda
  New fredmiranda.com Mobile Site
  New Feature: SMS Notification alert
  New Feature: Buy & Sell Watchlist
  

FM Forums | Canon Forum | Join Upload & Sell

1              3              5       6       end
  

Archive 2012 · Canon Q3 results

  
 
snapsy
Offline
• • • • • •
Upload & Sell: On
p.2 #1 · Canon Q3 results


artsupreme wrote:
To all the "know it alls" who have been claiming the 5DIII is selling well, you know who you are:

"However, the EOS Digital Rebel, 5D Mark III, and 60D all encountered lower sales than predicted"

It's selling like shit guys, sorry.


It's not clear that quote came from Canon or was even based on statements made by Canon. It's an unquoted phrase in the article,surrounded by quoted phrases:

Demand for cameras is actually mixed, Canon says, with different parts of its product range either struggling or flying off shelves. Compact cameras continue to flail, “due to the stagnation of the global economy” it suggests, while interchangeable-lens cameras saw “robust growth in all regions.” However, the EOS Digital Rebel, 5D Mark III, and 60D all encountered lower sales than predicted.



Oct 25, 2012 at 12:22 PM
artsupreme
Offline
• • • •
Upload & Sell: On
p.2 #2 · Canon Q3 results


snapsy wrote:
It's not clear that quote came from Canon or was even based on statements made by Canon. It's an unquoted phrase in the article,surrounded by quoted phrases:

Demand for cameras is actually mixed, Canon says, with different parts of its product range either struggling or flying off shelves. Compact cameras continue to flail, “due to the stagnation of the global economy” it suggests, while interchangeable-lens cameras saw “robust growth in all regions.” However, the EOS Digital Rebel, 5D Mark III, and 60D all encountered lower sales than predicted.


I can tell you for sure it's selling like shit, even Canon employees know it's overpriced, but I don't want to get anyone in trouble



Oct 25, 2012 at 12:27 PM
David Baldwin
Offline
• • • •
Upload & Sell: Off
p.2 #3 · Canon Q3 results


Personally speaking Canon announcement after Canon announcement has been totally boring recently. For me the disappointment started when the big news was the release of fisheye zooms, the 5D3 appears more like the 5D2 ver 2, the 6D is too expensive for what it is and bread and butter primes haven't been updated (20mm f2.8, 35/2, 50mm f1.8 and f1.4). A new 28mm f1.8 a la Nikon would be welcome. The 70-300 went from affordable consumer to pricey L. These are the kind of issues that keep my money safe in the bank.

I have ceased looking forward to the next round of Canon releases. My outfit is totally static, and may well remain so until the 5D4 tempts me, or doesn't.



Edited on Oct 25, 2012 at 12:47 PM · View previous versions



Oct 25, 2012 at 12:44 PM
abqnmusa
Offline
• • • •
Upload & Sell: Off
p.2 #4 · Canon Q3 results


the Canon Mount SLR forum is nothing but whining about Canon
sadly reminds me of DPreview



Oct 25, 2012 at 12:47 PM
Shutterbug2006
Offline
• • • •
Upload & Sell: Off
p.2 #5 · Canon Q3 results


The economy around the world is struggling and it's hurting people and families a lot so it's no stretch that Canon (and probably every electronics manufacturer, among others) are finding it an extremely challenging environment.

That, plus if I remember correctly, Canon had manufacturing plants in the Fukishima area that was hard hit by the earthquake/tsunami and resultant radiation from a nuclear power plant where they haven't yet solved the problem of stabilizing one of the buildings housing 1500 spent fuel rods.

About the only manufacturing not taking a hit nowadays are the ones propped up by government to the tune of billions of dollars.

The good news is - camera prices are sure to drop - a lot - in the coming months.






Oct 25, 2012 at 01:01 PM
Rickuz
Offline
• •
Upload & Sell: Off
p.2 #6 · Canon Q3 results


abqnmusa wrote:
the Canon Mount SLR forum is nothing but whining about Canon
sadly reminds me of DPreview

Well, why shouldn't we?

It's not like we are tossing Canon into the swamp and then bash them with a sledgehammer, but we are simply upset about Canon's decade old tech versus the modern (and less costly) tech of Sonikon. If we as Canon consumers live in denial, Canon will have no incentive to improve.

Solution? Keep whining and talking until they listen.



Oct 25, 2012 at 01:04 PM
kewlcanon
Offline
• • • •
Upload & Sell: Off
p.2 #7 · Canon Q3 results


Keep whining until they listen to what I want. If Canon doesn't do well it's because they don't follow what I've said. If they did, well it's because of other things that I don't care .


Oct 25, 2012 at 01:08 PM
pookipichu
Offline
• • •
Upload & Sell: Off
p.2 #8 · Canon Q3 results


I don't know if either Canon or Nikon have released sales reports on individual models but the D800 is consistently high on Amazon's DSLR best seller list and has never placed lower than the 5DIII, for whatever that's worth....

thw2 wrote:
This needs to be seen in comparison to their competitors results. I believe the recent tiff between China and Japan is severely hurting many Japan businesses. We'll see how the camera industry is affected...

On the other hand, if Canon is really so badly affected in comparison to their competition, then I guess it serves them right for being arrogant: they need to get their sensor performance up and stop selling handicapped cameras at high prices. The bean counters in Canon are seriously hurting the long term reputation of Canon.




Oct 25, 2012 at 01:15 PM
cordellwillis
Offline
• • • • •
Upload & Sell: Off
p.2 #9 · Canon Q3 results


These theories are funny. Like the people on the stock markets....it's all a guess at best. Gurus who know nothing about the market having their opinions based on the limited reading and talking they do with a few photographers. Canon may have slipped but it has NOTHING to do with *my* opinion on the matter.


Oct 25, 2012 at 01:19 PM
StillFingerz
Offline
• • • •
Upload & Sell: Off
p.2 #10 · Canon Q3 results


burningheart wrote:
It is not surprising but the reasons are many and varied.

1. The world economy is not in the best of shape.
2. Casual photographers are not upgrading as often because the cameras they have are suffice to do what they want to. Think of computer software many people still use older versions Winows 98/XP, Office 2002. The older versions still do the job.
3. People are spending money on other neccesaties such as mortages, food, clothing
4. Credit limits are maxed out.
5. Disposable income is down.
6. Products being released that don't meet needs or are at a price point people will want.
7.
...Show more

Add PCs to that list; desktops and laptops...tablets/phones aren't there quite yet but will be, but sales are loosing ground all over the world, cash poorer everyone means less demand, higher prices, less sales equals world-wide-recession...it's just lingering on the edge! So have fun with what ya got in your hand...now.



Oct 25, 2012 at 01:31 PM
pookipichu
Offline
• • •
Upload & Sell: Off
p.2 #11 · Canon Q3 results


Considering that photographers are the people buying cameras, the mumblings of grumblings of a few photographers can be a good indicator of product success. Word of mouth is very important in product success or failure. Bad buzz can sink a movie even before it's released. Good buzz can make a product like Spanx into a billion dollar brand. Places like Fredmiranda are almost a perfect place for Canon or Nikon to get ideas for what they are or aren't doing right. I once read that for every 1 person that complains about a company, there are a dozen others that have the same complaint but haven't voiced it. Companies need to take legitimate complaints seriously before things snowball. For instance, there are many people who are completely unimpressed and dissatisfied with the 5DIII sensor technology compared to offerings from 3-4 years ago. That's not the complaint of a few crackpots wanting perfect ISO 128,000, or something unattainable, it's a legitimate complaint from people who are expecting a company to keep up with technological development when they have money invested in lenses.

cordellwillis wrote:
These theories are funny. Like the people on the stock markets....it's all a guess at best. Gurus who know nothing about the market having their opinions based on the limited reading and talking they do with a few photographers. Canon may have slipped but it has NOTHING to do with *my* opinion on the matter.




Oct 25, 2012 at 01:36 PM
Sarsfield
Offline
• • •
Upload & Sell: Off
p.2 #12 · Canon Q3 results


I wonder if anyone actually reads these company reports and believes them. However, if you read the business segment breakdown for the whole YTD vs. 2011 you will see that the imaging segment is still up in sales and profit from last year. Third quarter sales are down but with this worldwide economic disaster going on, it's to be expected. If you read the details, the imaging segment is also only 1/3 of their total business. A very high percentage but nowhere near what Nikon depends on for total sales/profits.

The other factor that I don't see discussed is the fact that the Japanese yen has remained a strong currency vs. the the dollar/euro and this has devalued our money and purchasing power. That's why you see the prices you do for Japanese lenses and cameras. Pretty soon, we'll be carrying dollars to the grocery store in a wheelbarrow to get a loaf of bread...



Oct 25, 2012 at 01:44 PM
DanielPaul
Offline

Upload & Sell: Off
p.2 #13 · Canon Q3 results


pookipichu wrote:
I once read that for every 1 person that complains about a company, there are a dozen others that have the same complaint but haven't voiced it


I think you have this backwards. Or rather, there is a more important "general wisdom" out there. People are about 17 times more likely to complain than compliment, when it comes to feedback on a purchase. That is, if you buy a camera and it has a stuck pixel (for example) then you are 17 times more likely to race to dpreview and start a "Canon has crap QA!!!!" thread than you are to start a "Love my 5D" thread if everything works fine.

All unscientific of course but that is the metric I've seen used (across industries) when trying to make sense of customer feedback.



Oct 25, 2012 at 01:50 PM
retrofocus
Offline
• • • • • •
Upload & Sell: Off
p.2 #14 · Canon Q3 results


David Baldwin wrote:
Personally speaking Canon announcement after Canon announcement has been totally boring recently. For me the disappointment started when the big news was the release of fisheye zooms, the 5D3 appears more like the 5D2 ver 2, the 6D is too expensive for what it is and bread and butter primes haven't been updated (20mm f2.8, 35/2, 50mm f1.8 and f1.4). A new 28mm f1.8 a la Nikon would be welcome. The 70-300 went from affordable consumer to pricey L. These are the kind of issues that keep my money safe in the bank.

I have ceased looking forward to the
...Show more

+1: But we got stuff not many were asking for - 24 and 28/2.8 IS, a hyper expensive 24-70 II without IS (given that many expressed their desire for IS here in the past), an announcement of another hyper expensive 200-400 lens (who is buying this one other than collectors and some professional shooters)......Canon implemented one thing at a time as novelty in the recent new camera releases (just AF improvement in 5D III for big bucks) while the competition used this effectively to do it different. Well, now comes the bill, there is nothing to add.



Oct 25, 2012 at 01:56 PM
pookipichu
Offline
• • •
Upload & Sell: Off
p.2 #15 · Canon Q3 results


That's debatable. I'm more likely to share regarding something I'm positive about or recommend something than bash something. In general I feel like there is inertia in this country about complaining and people are more likely to bite their lip than complain. If someone asks me to recommend a camera, I'm not going to say "don't get the 5D III because it has barely any sensor improvement!" I'm going to say "I'd recommend such and such camera because I love it or think such and such camera is great".

DanielPaul wrote:
I think you have this backwards. Or rather, there is a more important "general wisdom" out there. People are about 17 times more likely to complain than compliment, when it comes to feedback on a purchase. That is, if you buy a camera and it has a stuck pixel (for example) then you are 17 times more likely to race to dpreview and start a "Canon has crap QA!!!!" thread than you are to start a "Love my 5D" thread if everything works fine.

All unscientific of course but that is the metric I've seen used (across industries) when trying to
...Show more



Oct 25, 2012 at 02:04 PM
Monito
Offline
• • • • • •
Upload & Sell: Off
p.2 #16 · Canon Q3 results


The Original Poster wrote:
http://www.slashgear.com/canons-q3-2012-crunch-income-down-a-third-as-cameras-
struggle-25253973/


Folks, get the URLs right, please. It's easy as pie to do: use the globe link on the left when you compose the message: the globe with the chain link third from the bottom in the column, seventh from the top. In the Quick Reply box, it is third from the top. No, I'm not going to do it for you.



Oct 25, 2012 at 02:08 PM
Sarsfield
Offline
• • •
Upload & Sell: Off
p.2 #17 · Canon Q3 results


Folks, get the URLs right, please.

Yours doesn't work either Monito. It's a common problem on this forum.



Oct 25, 2012 at 02:13 PM
Gerry Kerr
Offline
• • •
Upload & Sell: Off
p.2 #18 · Canon Q3 results


Sarsfield wrote:
Yours doesn't work either Monito. It's a common problem on this forum.

Monito, I "thought" that's what I did - obviously not though

I went back and edited the original

Gerry



Oct 25, 2012 at 02:20 PM
Monito
Offline
• • • • • •
Upload & Sell: Off
p.2 #19 · Canon Q3 results


Sarsfield wrote:
Yours doesn't work either Monito. It's a common problem on this forum.


Obviously, duh. I wrote in the post that I wasn't going to fix it for the OP.


Edited on Oct 25, 2012 at 02:23 PM · View previous versions



Oct 25, 2012 at 02:23 PM
jj_glos
Offline
• • •
Upload & Sell: Off
p.2 #20 · Canon Q3 results


The Canon report actually says: "sales volumes of interchangeable-lens digital cameras decreased from the year-ago period due to a delayed new-product launch". It'll be interesting to see the Nikon results, they hadn't made an impact in the first 6 months. Maybe the worm has turned...


Oct 25, 2012 at 02:23 PM
1              3              5       6       end




FM Forums | Canon Forum | Join Upload & Sell

1              3              5       6       end
    
 

Welcome back
Log in to your account