liggy Offline Upload & Sell: On
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Fred Miranda wrote:
Yep, a lot of us miss Zeiss lenses. Their ZX1 digital camera didn’t quite make it, but their lenses are still known for great contrast and innovation. It’s a shame I don’t own many of them anymore. On the flip side, Cosina shows that even a small company can hit the highest technical levels, as their recent products prove. They also produce most of the Zeiss M-lenses.
The main difference is that Cosina focuses just on photography lenses, while Zeiss is into a bunch of things, including medical equipment, measuring tools, and semiconductor tech. I think Zeiss might actually have fewer employees now than what was mentioned....Show more →
Carl Zeiss Meditec was a direct competitor. If I could short that stock I would. Just took a peek at their 2024 numbers.
<Revenue in the Americas region decreased significantly by -13.0% (adjusted for currency effects: -11.9%) from €410.3m to €356.9m. In North America, in particular, demand in the devices business was below expectations.>
They conveniently left out any mention of the fact that their flagship optical coherence tomography device (Cirrus 6000) and their next gen OCT, the PlexElite have been recalled since 2021 and have yet to receive FDA clearance for approval to market in the US since that time. Oopsie.
The ZX-1 and the consumer lens business are simply a drop in the bucket to Zeiss.
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