>Wait a moment. Pentax is still profitable, right? It is just that its >profit decreased???
Pentax as a company made money last year. the imaging products division, which includes digital cameras, lost more money so far this year than it did the year before. if you read other reports around this announcement, you will see that Pentax forecasts the imaging products division to remain about the same net sales out through 2010. also, in the long version of the news article, you will see that Pentax is now planning to reduce by 300 employees total over 2 years and transfer 100 people from the imaging products division to the optical components and health products divisions while at the same time increasing new model introductions from 2/yr to 3/yr. you ought to be asking yourself at this time "what's wrong with this picture?". Herb....
