Canon announces Q3 2012 results: operating profit down 42 percent to $908 million

Canon announces Q3 2012 results, operating profit drops by 42 percent to $908 million

Canon just released its Q3 2012 earnings reported, and things aren't looking peachy right now for the camera maker: revenue is down 13 percent to $10.3 billion from last Q3 last year, while profit tumbled by 42 percent. The Japanese company directed the blame toward the "negative impact of economic deterioration" in Europe and emerging markets like China, as well as the strong yen (again). DSLR sales fell over last year, with Canon mentioning that its launch of new models like the EOS 5D Mark III didn't help to shore its camera figures up. Other units within the company didn't fare much better, with printer sales falling and business-to-business numbers flatlining. The company doesn't see a bright fourth quarter either, and is projecting that sales will stay in lockstep with the sluggish economy, resulting in a 6 percent decline in operating profit for the year. It may not want to count so much on the new mirrorless offering pulling it out of the mud, though -- it got fairly mixed reviews.

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Canon announces Q3 2012 results: operating profit down 42 percent to $908 million originally appeared on Engadget on Thu, 25 Oct 2012 07:01:00 EDT. Please see our terms for use of feeds.

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Premium Collection hot shoe covers are cufflinks for your cam, let you dazzle up that DSLR

Premium Collection hot shoe covers are cufflinks for your cam, let you dazzle up that DSLR

You love the focus speed, image quality is top-notch and even videos turn out just as expected -- still, there's something missing with your latest DSLR, though it's just a tad hard to place. What your camera needs is some bona fide bling. Not using that hot shoe for a flash or EVF? It's time to tuck in a beautiful raised floral cover, elegantly outfitted in a shiny silver finish. It's sure to stand out against the contrast of an all-black body, though it'll feel equally at home on your silver Leica. Designed by Jay Tsujimura in Tokyo, Premium Collection includes matching hot shoe and shutter release covers, letting your camera stay coordinated just like your cuffs. They're priced to fly off store shelves at a mere ¥24,150 (about $300) each -- get an up-close look in our gallery and at the source link below.

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Premium Collection hot shoe covers are cufflinks for your cam, let you dazzle up that DSLR originally appeared on Engadget on Sun, 19 Aug 2012 02:33:00 EDT. Please see our terms for use of feeds.

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DSLR gets dollop of Raspberry Pi for future home-baked camera accessories

DSLR gets dollop of Raspberry Pi for future homebaked camera accessories

We love a tasty mélange of gadgets, and that's just what photographer / hacker David Hunt has served up with a Raspberry Pi board inserted into his DSLR's battery grip. He used the handle for power, while exposing the Pi's USB, network and video ports for easy on-camera access, and so far he's managed to transmit images via WiFi and ethernet. But the Raspbian Linux OS opens up a world of potential DIY accessories, like wireless tethered shooting (with the addition of a WiFi dongle), cheap USB instant backup, storage, remote control from anywhere in the world and an intervalometer for timelapse photography. That's just for starters -- with the credit card sized board now in so many hands, the permutations are endless.

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DSLR gets dollop of Raspberry Pi for future home-baked camera accessories originally appeared on Engadget on Sat, 18 Aug 2012 10:20:00 EDT. Please see our terms for use of feeds.

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Sony releases Q1 2012 financial results, eats $312 million loss

Sony's

Sony's first-quarter figures for 2012 show that despite the company's optimism three months ago, it's made a net loss of $312 million. It pulled in a whopping $19.2 billion in sales for the three months ending June 30th, partly credited to bringing Sony Mobile fully into the family. However, the cost of restructuring the Mobile Products and Communications Division (of which Sony Mobile is a part) came to $143 million, wiping out the additional gains to record a loss of $356 million. Gaming-wise, the PlayStation maker suffered a $45 million loss as falling sales of the PSP and PS3 were only partially offset by the sales of the PS Vita. There was better news in its imaging division, while sales of compact cameras fell, DSLRs and "Professional" products took up the slack, resulting in a profit of $160 million.

In a trend we've seen across the Home Entertainment industry, sales of LCD televisions continued to fall, forcing the company to eat a loss of $126 million. Movie and TV recorded a loss of $62 million, although that's primarily due to a dip in advertising sales in India and the cost of marketing (but not producing) The Amazing Spider-Man, the profits of which won't be recognized until September. Finally, while it spent big to purchase EMI this quarter, big-ticket albums like Usher's Looking 4 Myself and One Direction's Up All Night helped the division make a profit of $92 million. While Sony's treading water to execute Kaz Hirai's "One" Strategy, it's still got $8.4 billion stashed under the mattress, and in the face of lower sales, is hoping that reduced costs will help it make $1.6 billion in profit by the end of March 2013.

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Sony releases Q1 2012 financial results, eats $312 million loss originally appeared on Engadget on Thu, 02 Aug 2012 02:30:00 EDT. Please see our terms for use of feeds.

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Canon reports higher profits, lower net income in Q2, points finger at pricey yen

Canon reports lower profits in Q2, points finger at pricey yen

Canon's financial results for Q2 2012 reveal an operating profit 18 percent greater than the results from the same quarter last year. However, net income has dropped from 61.5 billion yen to 51.7 billion yen since last quarter. The company saw demand grow for its DSLRs, both professional and entry-level, while sales of point-and-shoots continued to contract. The ever-increasing value of the yen -- and weakened demand in Europe -- has put a dent in its important overseas sales -- and profits. Perhaps the promise of Canon's first mirrorless ILC later this year will be enough get wallets out in the euro zone.

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Canon reports higher profits, lower net income in Q2, points finger at pricey yen originally appeared on Engadget on Wed, 25 Jul 2012 03:12:00 EDT. Please see our terms for use of feeds.

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Lens/Focus Shifter Accessory Is Inexpensive Follow Focus

By David Ponce

Shooting video with a dSLR is easier said than done. While you can get some really impressive shots thanks to the quality lenses that come with these cameras, shifting the point of focus smoothly from one subject to another is not exactly a simple matter. Turning it gingerly with the tip of your fingers just won’t cut it. That’s what the Lens/Focus Shifter kit you see above is meant to fix. It’s basically a follow focus, which lets you smoothly glide the focal point from one part of the scene to the other. There’s even a quarter circle Focus Marker that allows you to pencil in with a dry-erase pen the different focus points you might need during the scene. The ball tipped handle is easy to operate and stands a good distance away from the front of the lens, to avoid accidental fingers in the shot. And it allegedly fits pretty much any type of lens.

It’s $45 on Kickstarter with expected delivery in… September of this year.

[ Product Page ] VIA[ Gear Hungry ]


Nikon D800 review roundup: significant upgrades to an already top-notch DSLR

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Three years is quite a long time for any one gadget to complete its product cycle -- even a high-end DSLR. The D700 remained on its flagship DSLR perch since its launch in the summer of 2008, all the way through Nikon's D800 announcement earlier this year. During that tenure, the full-frame camera became the primary workhorse for a bounty of photography pros, and it appears safe to confirm that its successor is up to the same task. The 36.3-megapixel D800 has completed its labs tour, leaving reviewers with positive impressions across the board.

As always, DPReview offers some of the most comprehensive analysis on the web, and highlights several advantages over the D800's competitor, the Canon 5D Mark III, including a higher megapixel count (36MP vs. 22MP) and a significantly lower price tag ($3,000 vs. $3,500). CNET struggles to identify cons, and praises the cam for its "stellar photos, excellent videos, speedy performance, and a relatively streamlined shooting design." Ken Rockwell brings a D800E into the reviews mix, concluding that the low-pass-filter-less flavor isn't the best fit for everyone. Finally, newcomer The Photo Brigade put the camera in the hands of Preston Mack, a professional on assignment who used the DSLR to capture a GigaPan photo for MLB.com and offered this takeaway: "I am very happy with the Nikon D800 camera. It is an amazing value." Overall, seems like quite a hit -- you'll find links to all of the above reviews just past the break.

Continue reading Nikon D800 review roundup: significant upgrades to an already top-notch DSLR

Nikon D800 review roundup: significant upgrades to an already top-notch DSLR originally appeared on Engadget on Wed, 09 May 2012 19:53:00 EDT. Please see our terms for use of feeds.

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