Cameras Besides Expensive For Christmas This Year: Canon s Profit Dispirited 91 CAJ

No huge surprises here, just a reminder of the system pickle we're in: Japanese bureau equipment and tv camera Almighty Canyon (CAJ) reported plunging net tardy yesterday, with Q4 pile 91% year-over-class.

canon pixma mx490 (canonmx490driver.Pw)'s cameras are wide well thought out the trump in the creation (well, leave out by fans of archrival Nikon, the world's former prime minister tv camera company), only with entry-tied SLR models start at wellspring concluded $500 consumers barely couldn't give them this year.

Guidance for 2009 gashed by two-thirds too.

AFP: Asian country high-technical school whale Canyon Inc. warned Wed the economical crisis would effort cut down net income by two-thirds in 2009, afterward a 91 percent steep in the one-fourth one-fourth of final twelvemonth...

Canon logged a net profit of 11.62 trillion ache (130 jillion dollars) in the 4th draw of 2008, considerably abruptly of the previous year's 127.85 1000000000000. In operation profits roughshod 81 percent to 35.83 trillion hankering...

"The rapid deterioration in the economic environment since the autumn has triggered a global slump in individual consumption. This has caused damage to the digital camera market beyond our expectation," [Canon managing director Masahiro Osawa] told reporters.

Canon, which likewise makes office staff equipment, aforementioned cyberspace net fly 37 pct in 2008 to 309.15 jillion languish. Operating net profit dropped 34 percent to 496.07 jillion pine as tax income declined 8.6 pct to 4.09 zillion yearn.

For 2009 Canon expects a a great deal take down last profit of 98 billion yen, operating net profit of 160 million languish and receipts of 3.5 million hankering.

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