Re: Olympus camera news.....

[Jan Faul <jan@xxxxxxxxxxx>]

Cameras are not being replaced by smartphones, but effort is being replaced by convenience and laziness.

On Dec 31, 2013, at 5:22 PM, Bob wrote:

http://finance.yahoo.com/news/5-disappearing-brands-in-2014-191735396.html?vp=1

Olympus Cameras

Another brand that could go belly up is Olympus Cameras, as smartphones replace traditional cameras. The brand hasn?t generated a profit from their camera business in three years. And this fiscal year, the company expects worldwide camera sales to drop by nearly 50% to 2.7 million units.


Bob

--
Money can't buy happiness--- But somehow it's more comfortable to cry in a Porsche than a Kia.

Art Faul

The Artist Formerly Known as Prints

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