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.
Now why did I take you off ignore? Gee, it would have been real hard for you to fix it for him. Back to ignore.
From the pdf directly:
Within the Imaging System Business Unit, despite efforts to achieve sales growth with the competitively priced EOS Digital Rebel series along with the EOS 5D Mark III and EOS 60D advanced-amateur models, sales volumes of interchangeable-lens digital cameras decreased from the year-ago period due to a delayed new-product launch. As for compact digital cameras, while highly functional PowerShot-series models contributed to healthy sales, unit sales for the third quarter declined from the corresponding period of the previous year due to sluggish market demand.
Looks like the OP's link shows a serious failure in reading comprehension.
1. Overall sales growth of the Imaging System Business Unit are down.
2. Interchangeable lens camera decreased from a year ago, owing to delayed NEW product launches.
3. They tried to grow sales of the interchangeable lens cameras with the Digital Rebel, 5D3 and 60D.
4. Demand is sluggish. No idea if that is overall market or just for Canon, or in any specific locale.
So, what can be inferred from those statements, with respect to the 5D3? Not a heck of a lot. There is no sales target shown for the 5D3. There is also no indication that the 5D3 hit or missed their sales targets (although I personally suspect they didn't make them), because other SLR sales could have dragged down their overall numbers even if the 5D3 made its target.
EOS M could have been part of the delayed new product launch, as well as the 1Dx (which is a drop in the bucket numbers wise anyhow).
Canon results drop significantly - primarily on falling camera sales
Gerry
Great, this will mean further cuts to R&D.
5D III sales lower than projected. Hello, wake up, you priced it $500 more than D800 you nincompoops. And what about mk II supertele sales, not that you can actually build them.
tonywong88 wrote:
So, what can be inferred from those statements, with respect to the 5D3? Not a heck of a lot. There is no sales target shown for the 5D3. There is also no indication that the 5D3 hit or missed their sales targets (although I personally suspect they didn't make them), because other SLR sales could have dragged down their overall numbers even if the 5D3 made its target.
Maybe you should have read the article a bit closer.
Quote from Canon:
” However, the EOS Digital Rebel, 5D Mark III, and 60D all encountered lower sales than predicted."
Typical crap on these boards. Based on Nikon reports they are selling a lot of cameras but not making money. Canon isn't selling as much as before but the profit is not dropping that much. Maybe Nikon is trying to flood the market with underpriced cameras to hopefully steal some market share from a much better camera system (Canon). Everyone complains of the 'crippled' Canon cameras vs the sold-at-a-loss Nikon cameras. Nikon just released an exact replica of the Canon 70-200 f4 IS (about 5-10 yrs late) for a little more than the Canon version so I suggest everyone can now switch to the Nikon forum and join the group over there bashing the latest nikon releases.
Canon is actually underpricing, else they would have more profit per unit :P Just kidding. Anyway it's not EOSfun time for investors in Canon, and I predict Q4 is not going to be a lot better. Canon is too slow in their innovation pace at the moment. The EF-M, the 5DmkIII, the 1Dx, the latest lenses, it's obvious that Canon marketing underestimated the pace of the market and competition. It's not just the stagnation of the global economy. Canon's perception of where the market is going is not clear enough. Integration with smartphone connectivity is late. It's only in the new 6D that Canon realised that this is more and more important. With the life cycle of their other DSLR models they are going to be behind for just another few years for some models. The EF-M is a nowhere model in between Rebel and Powershot/G-series, that hardly responds to the compact system camera development from the competition. Sony, Olympus, even Nikon is ahead at least two years in marketing. In the profitable D-SLR market segment Sony and Nikon with new innovations and agressive pricing suddenly took Canon's crown for leadership in this segment for almost a decade. That is what we see in the turnover and profit figures now. Canon better introduce some smashing revolutionary news next spring or else this trend is going to have long term effect on their company value. Canon management will have trouble to convince investors that their strategy is still the way to go. After 25 years of EOS Canon seems to be over the top. The competition smells the opportunity to get a greater stake in the imaging market. And the most dangerous competition, seen from Canon's perspective, comes from the non-traditional camera manufacturers. Smarter cameras will reign the next decade. If Canon doesn't bring them, manufacturers like Apple, Samsung, Sony, a.o. will take the greatest part of the market.
Selling underpriced cameras may be a good strategy. Those users will need to buy (overpriced) lenses, flashes, accessories, etc. And for sure more lenses than camera bodies; super wide, wide, normal, medium tele, long tele, primes, zoom, macro, you name it.
Pixel Perfect wrote:
Maybe you should have read the article a bit closer.
Quote from Canon:
” However, the EOS Digital Rebel, 5D Mark III, and 60D all encountered lower sales than predicted."
Tonywong88 read the article closely, and noticed (as I did, and snapsy did earlier) that SlashGear invented stuff. The quote you attribute to Canon is actually by SlashGear. The Canon PDF says what tonywong88 quoted in his post, which is obviously very different from what SlashGear wrote – though you can see that was their starting point.
jctriguy wrote:
Based on Nikon reports they are selling a lot of cameras but not making money. Canon isn't selling as much as before but the profit is not dropping that much. Maybe Nikon is trying to flood the market with underpriced cameras to hopefully steal some market share
S Dilworth wrote:
Tonywong88 read the article closely, and noticed (as I did, and snapsy did earlier) that SlashGear invented stuff. The quote you attribute to Canon is actually by SlashGear. The Canon PDF says what tonywong88 quoted in his post, which is obviously very different from what SlashGear wrote – though you can see that was their starting point.
All of these bloggy type news sources are great for quantity of information but the quality of their work leaves much to be desired. I guess you get what you pay for.
Citation from post Sept 17, 2012 "Imminent death of 5D III":
retrofocus wrote:
Nops. I am just openly criticizing that many here still make the 5D III appear as real "great" competitor against the better selling D800 camera [...]
Monito wrote:
Your premise is a false one to base your posts on. Retailers report that the 5D3 is selling very well. The D800, not bad, but not as much.
After rereadiing the article and going through the financial reports contained in the PDF, one can see a drop in the third quarter sales of imaging equipment(Cameras) of -7.3% worldwide. At the same time the YTD is up 6%.
All companies go through downturns and one quarter does not make or break a company.
The important information is within the financial statements not all the fluffy feel good writing that preceeds them or in the feel-bad article referenced by SlashGear.
The financial statements do show areas of concern which will likely result in some belt tightening and plans put into action to improve the sales in weak areas such as Europe or the announced F8 update.
There is nothing alarming in the financial statements that says Canon is in any dire- straights. The portion of the business that is not doing as well is the Office Business Unit in which sales are -13.4% in the 3rd quarter and -8.3% YTD. The Office Business Unit accounts for slightly more sales than imaging(Cameras).
Many businesses are not spending money on office equipment, it has been that way for a couple of years and it is reflected in the numbers.
Canon just like all companies have adjusted down their projections for the 4th qtr to reflect the world economy and disapointing 3rd quarter sales and profits and projected buying patterns of customers.
Should Canon be concerned about camera sales? Yes and they are but there is no indication that there is a mass exodus away from Canon equipment as some would want you to believe.
retrofocus wrote:
Citation from post Sept 17, 2012 "Imminent death of 5D III":
No other comments.
What are you afraid of?? Are you trying to protect your investment in old gear by bashing the new gear? Must be a reaction by the typical forumite trying to sway opinion in gear to justify your own needs.
burningheart wrote:
After rereadiing the article and going through the financial reports contained in the PDF, one can see a drop in the third quarter sales of imaging equipment(Cameras) of -7.3% worldwide. At the same time the YTD is up 6%.
All companies go through downturns and one quarter does not make or break a company.
The important information is within the financial statements not all the fluffy feel good writing that preceeds them or in the feel-bad article referenced by SlashGear.
The financial statements do show areas of concern which will likely result in some belt tightening and plans put into action to improve the sales in weak areas such as Europe or the announced F8 update.
There is nothing alarming in the financial statements that says Canon is in any dire- straights. The portion of the business that is not doing as well is the Office Business Unit in which sales are -13.4% in the 3rd quarter and -8.3% YTD. The Office Business Unit accounts for slightly more sales than imaging(Cameras).
Many businesses are not spending money on office equipment, it has been that way for a couple of years and it is reflected in the numbers.
Canon just like all companies have adjusted down their projections for the 4th qtr to reflect the world economy and disapointing 3rd quarter sales and profits and projected buying patterns of customers.
Should Canon be concerned about camera sales? Yes and they are but there is no indication that there is a mass exodus away from Canon equipment as some would want you to believe.
jctriguy wrote:
What are you afraid of?? Are you trying to protect your investment in old gear by bashing the new gear? Must be a reaction by the typical forumite trying to sway opinion in gear to justify your own needs.
Not at all - in fact I am totally set in regard to lenses and other gear (and not going to sell anything), and I will continue using my current cameras for quite a while. You know very well from my post above what I am saying. I am just fighting Canon fanboys like yourself who try to find any excuse possible to distract from the clear facts out there that Canon's camera business is in trouble.
