Friday, November 27, 2015

Canon Profits Down 21% as Mirrorless Cameras Cut Into DSLR Sales

Canon announced its quarterly earnings today, and revealed that its operating profit for the quarter (~$665 million) has fallen 21% compared to last year. At the same time, Canon increased its full-year earnings estimate due to a drop in the value of the Japanese yen. Reuters reports that a shifting digital camera landscape are to […] from PetaPixel

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