The latest camera sales numbers are in and the bloodletting that the industry has been undergoing the past several years shows no signs of letting up. There's still a massive contraction in the camera market with revenues down severely. Something has *got* to give.
What is going to save the traditional camera industry? Can it be saved?
- Canon down 23%
- Sony down 7%
- Nikon down 21%
- Fujifilm down 3%
- Olympus down 24%
- Ricoh (Pentax) up 4%
- Overall camera shipments (CIPA) were down 25% in dollars
- Overall lens shipments (CIPA) were down 13% in dollars