Reuters reports about the new quarterly financial report from Canon:
Japan’s Canon Inc said quarterly operating profit fell by a fifth as demand for digital cameras slumped and it spent more on developing new businesses, but it nudged up its full-year earnings estimates on a sharply weaker yen.
The consumer shift to smartphones for casual photo taking has pummelled demand for compact cameras, while the growing popularity of lighter mirrorless cameras has taken away market share from higher margin single-lens reflex cameras.
Time to get serious on mirrorless Canon! Where are our new EOS-M lenses?
via CanonWatch.
18 Responses
Hope they will wake up and join the m43 consortium ! 🙂
(that would make sense : FF, m43, 1 inch, a good set of differentiation)
FF mirrorless : no change for lenses.
Of course FF mirrorless also makes sense, but there is for sure a market for mirrorless on smaller sensors.
Couldn’t agree more !! Like many of my “enthusiast” friends I made switch from APS-C to m43 format. virtually same image quality as my Nikon D7200 but less than half size and weight.
The reality is 80% of my photos are family and kids and I’m lazy and shoot in JPEG+RAW since i rarely want to process RAW in LR. I got tired of lugging all my gear around and less enjoyment using the camera because of that. My Oly + 2 lens has brought back enjoyment because I can take it everywhere, isn’t that the really what’s important -getting enjoyment out of shooting – I think this is true for many of us lately.
FF will always rule but I wish Nikon + Canon would adopt m43 as it is really the perfect format for a large population of users.
Other than the single digit EOS line and L lenses, Canon is flooding the market with junk cameras. Their printers aren’t that good anymore either.
Poor featured M3 camera? No thanks, all Sony and Fuji APS-C are better and offers much more.
Sony and Fuji could be the leaders in the future if Canon and Nikon don’t wake up.
The only downside that there are few native lenses for both.
Fewer native lenses for Canon and Nikon mirrorless cameras combined.
I wasn’t speak about Canon and nikon mirrorless system…
They are missing every single market, except EOS-indie-filmmakers and Pros who use Canon L -lenses.
Everybody’s moving to Sony sensors and Samsung is out of the game.
Canon is too old, too slow and too conservative.
Either they start innovating faster or they’ll be bought out by somebody in 10-15 years.
I kinda hear good things about Samsung cameras. If they drop their business some other manufacturer would do well with sweeping up their tech.
No kidding.
Mirrorless is just passing Canikon by while they twiddle their thumbs clueless about what to do about it.
That’s why there are 4 DSLR cameras sold for every mirrorless…
Well I guess that trend will just continue forever? There were 20 Nokia’s sold for every iPhone too.
I am sure Canon and Nikon are watching the market much more than you do and they will react when it’s necessary.
Developing a new system is not a 2 months job.
Yeah true, they’ve only had about 7 years.
When it becomes 2 DSLRs for every mirrorless, Canon and Nikon will not have a viable economical standing anymore.
By that time they will long have competitive mirrorless cameras on the market.
Hahaha OK 😉
Easier said than done as current Canon M cameras show.
The market itself would probably get there in two year IMHO. Sony have been working on their e-mount in their labs for ten years. Nobody currently has a competitive light FF mirrorless camera. Sony has a full range of those and a lot of lenses either or exist or are coming by Xmas. A lot of other lenses can be mounted via several converters, already in their second or third versions.
Sure, Canon could devote a LOT of resources to become a new up and coming company, but they would have to be a very different company at that point and the R&D costs alone might demolish them.