Are Canon and Nikon being forced to change their thinking on what consumers want to buy, and are they about to go out of business if they don't change?
sb
Loc: Florida's East Coast
I am pretty happy with their offerings. Canon gets plenty of my money....
Granddad wrote:
Are Canon and Nikon being forced to change their thinking on what consumers want to buy, and are they about to go out of business if they don't change?
That's the name of the game. Unfortunately, when the public decides it wants something different, Research and Development goes into action, but it takes months for the final product appears on the shelves. DSLRs are a steady business, but in decline. As for mirrorless and compact, it's a guessing game for manufacturers, and if they guess wrong, they lose. Many companies have gone out of business because they reacted too slowly to changes in the marketplace. Remember Kodak, Lotus 1-2-3, WordPerfect, WordStar?
I spoke to a Nikon representative at a photography expo just recently. He's saying that Nikon will be releasing a high-end mirrorless camera, probably full frame, next year. Maybe they are responding to customer demand. Neither one of those companies are going out of business. Both Canon and Nikon produce a lot more products than just cameras.
Mirrorless, as many say is the camera of the future. Both Nikon and Canon are behind in mirrorless technology with Sony, Panasonic, Fuji, and Olympus. However, Nikon's newest DSLR, the D850, is as good, or even better than the competition mirrorless Brands, with the possible exception to the Sony a9 mirrorless camera. Canon is presently #1 in marketing. Point and shoot camera sales are down due to iPhones and Smartphones. Mirrorless cameras will be around for a very long time, and will improve with each successive year. Nikon and Canon, in the future, will have to realize that mirrorless is rising in popularity. One day, Nikon and Canon, will come out with a blockbuster mirrorless camera, on the same level as the D850. The D850 was a Nikon 100th Anniversary blockbuster. Nikon nor Canon are not in danger of going out of business anytime soon. Sales down, yes. Out of business. No.
Probably. Nikon is about to shutter its entire operation. Your best bet is to purchase as many NIkon products as you can get your hands on. They'll become collector's items in a matter of months.
--Bob
Granddad wrote:
Are Canon and Nikon being forced to change their thinking on what consumers want to buy, and are they about to go out of business if they don't change?
Do not expect Nikon or Canons to get out of business. Nikon reported very good profits recently and their stocks are up.
Camera companies are not "forced" to do anything and what they do simply follows consumer preferences. In the mirrorless arena neither of them paid attention and the results they know have not been as they expected. It is said that Nikon will debut a top of the line mirrorless camera next year.
Mirrorless seems to be the future. Who does not enjoy a small camera with interchangeable lenses, more advanced features than a dSLR, lighter in weight, small lenses and a shooting rate that exceeds those of their big brothers. As more and more mirrorless cameras adapt phase detection into their AF systems the problems we have been having with acquisition and tracking will be a thing of the past.
Both companies right now have very good financial status.
camerapapi wrote:
Mirrorless seems to be the future. Who does not enjoy a small camera with ...
I will agree that smaller cameras have some advantages, but I would not bet the company on smaller and smaller bodies. How many of us installed battery packs on our AE1/ A1 bodies to add heft to the body and balance the lens weight better? A single, double, or triple digit D body canon is far more comfortable to carry and use than the old AE1 or A1. My brother will not carry a Rebel because he feels he needs the size to fit his hands.
I would estimate the next REAL innovation in cameras will be a light weight, High Refractive Index, plastic lens with optical quality on par with the L lenses, maybe even gas filled lenses - imagine a 100mm lens at f/1.2 that uses a 35-42mm filter size
jerryc41 wrote:
That's the name of the game. Unfortunately, when the public decides it wants something different, Research and Development goes into action, but it takes months for the final product appears on the shelves. DSLRs are a steady business, but in decline. As for mirrorless and compact, it's a guessing game for manufacturers, and if they guess wrong, they lose. Many companies have gone out of business because they reacted too slowly to changes in the marketplace. Remember Kodak, Lotus 1-2-3, WordPerfect, WordStar?
That's the name of the game. Unfortunately, when ... (
show quote)
There are still lovers/users of Word Perfect out there and Corel puts out new versions of which the current is X8.
Both companies are much more than just camera companies. They’re both doing fine.
For both Nikon and Canon their photography business is only part of their total business as you are doubtless aware so even if they stopped making photography merchandise they would not go out of business.
Granddad wrote:
Are Canon and Nikon being forced to change their thinking on what consumers want to buy, and are they about to go out of business if they don't change?
rmalarz wrote:
Probably. Nikon is about to shutter its entire operation. Your best bet is to purchase as many NIkon products as you can get your hands on. They'll become collector's items in a matter of months.
--Bob
Now that’s funny I must say I wish I could said that first thanks man!
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