Ugh...and if I'm reading it right, their market share dropped 100 yen, which is their daily limit, or about 18 % just today.
Do you suppose all the companies will experience similar problems due to the market becoming somewhat saturated already? They all must be having problems selling since it is slowly driving the prices down. You know it seems unlikely that even the pros demanding high end digital technology can provided enough business to justify manufacturer of this type of equipment. I would think they still depend on amateurs and enthusiasts to make their minimum sales quota. If these quotas cannot be met it could cause a lot of bad things. Future R&D in digital higher end systems could see a huge slow down. Availability of same could be limited and continue to be extremely pricey for a long time. Whether or not this trend could prolong the life of film though is still iffy since film usage is still driven by P&S type cameras which may still continue well with digicams. Although I would expect that higher end film is driven by SLR usage mainly which might get a bit of a reprieve over all of this. Let's just hope Pentax doesn't do a huge nose dive! > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] > Sent: Friday, August 13, 2004 11:40 AM > To: [EMAIL PROTECTED] > Subject: Pentax 1Q news FY-05 > > > Pentax's 1Q results for the new fiscal year are in and it's bad > news almost all > the way around. profits are way down because of steeper than > expected declines > in prices. the digital camera product division sold about 490,000 > units but > lost money. there is evidence to suggest that Pentax sold only > 3,000 *istD cameras > in the quarter, extremely disappointing results for the only high > margin item > in the division. the only division with profit growth is the OEM > camera lens > division with sales to Casio and HP. > > Herb... >
