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Canon’s imaging segment saw 49% rise in operating income over 2019
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Jan 28, 2021 12:55:17   #
CHG_CANON Loc: the Windy City
 
Canon is confident about 2021 and the RF system, both for camera bodies and RF lenses. They project a 5% growth in imaging systems in 2021. Demand for the Canon EOS R5 and Canon EOS R6 drove sales for Canon in the 2nd half of 2020, both of which greatly exceeded Canon’s sales projections. Both cameras will likely continue to be hot sellers in 2021. There is more EOS R goodness coming in 2021 that will further strengthen Canon’s market share in the full-frame mirrorless space.

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Jan 28, 2021 12:57:37   #
CHG_CANON Loc: the Windy City
 
FY 2020 Financial Results attached as PDF.

More information available from: https://global.canon/en/ir/library/results.html#results2021-4

Attached file:
(Download)

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Jan 28, 2021 13:03:59   #
Brucej67 Loc: Cary, NC
 
CHG_CANON wrote:
Canon is confident about 2021 and the RF system, both for camera bodies and RF lenses. They project a 5% growth in imaging systems in 2021. Demand for the Canon EOS R5 and Canon EOS R6 drove sales for Canon in the 2nd half of 2020, both of which greatly exceeded Canon’s sales projections. Both cameras will likely continue to be hot sellers in 2021. There is more EOS R goodness coming in 2021 that will further strengthen Canon’s market share in the full-frame mirrorless space.


What about Sony's new Sony A1 which is poised to overtake Canon.

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Jan 28, 2021 13:31:42   #
CHG_CANON Loc: the Windy City
 
We'll have to see if any significant changes occurred in 2020, but the recent 2019 numbers show Canon's camera division is selling more cameras than Sony and Nikon combined.



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Jan 28, 2021 14:01:17   #
CHG_CANON Loc: the Windy City
 
Brucej67 wrote:
What about Sony's new Sony A1 which is poised to overtake Canon.


Here's some food for thought on the Sony vs Canon question ....

Why the Sony A1 Actually Shows How Canon Is Winning the Mirrorless Game

Link:
https://fstoppers.com/originals/why-sony-a1-actually-shows-how-canon-winning-mirrorless-game-546294

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Jan 28, 2021 16:20:56   #
Mac Loc: Pittsburgh, Philadelphia now Hernando Co. Fl.
 
CHG_CANON wrote:
Canon is confident about 2021 and the RF system, both for camera bodies and RF lenses. They project a 5% growth in imaging systems in 2021. Demand for the Canon EOS R5 and Canon EOS R6 drove sales for Canon in the 2nd half of 2020, both of which greatly exceeded Canon’s sales projections. Both cameras will likely continue to be hot sellers in 2021. There is more EOS R goodness coming in 2021 that will further strengthen Canon’s market share in the full-frame mirrorless space.


Hooray, Yippie, Amazing, Outstanding. Cheers. Wonderful. Who cares?

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Jan 29, 2021 05:47:29   #
kymarto Loc: Portland OR and Milan Italy
 
CHG_CANON wrote:
We'll have to see if any significant changes occurred in 2020, but the recent 2019 numbers show Canon's camera division is selling more cameras than Sony and Nikon combined.


Their sensors are still not up to snuff.

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Jan 29, 2021 06:06:29   #
Dan Thornton Loc: Corpus Christi, Texas
 
Canon appears to have trouble manufacturing and delivering the R5 so how do they expect sales growth?

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Jan 29, 2021 06:46:50   #
junglejim1949 Loc: Sacramento,CA
 
CHG_CANON wrote:
Canon is confident about 2021 and the RF system, both for camera bodies and RF lenses. They project a 5% growth in imaging systems in 2021. Demand for the Canon EOS R5 and Canon EOS R6 drove sales for Canon in the 2nd half of 2020, both of which greatly exceeded Canon’s sales projections. Both cameras will likely continue to be hot sellers in 2021. There is more EOS R goodness coming in 2021 that will further strengthen Canon’s market share in the full-frame mirrorless space.


Canon is really stepping up it's game. So exciting and expensive!

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Jan 29, 2021 08:07:45   #
tcthome Loc: NJ
 
Brucej67 wrote:
What about Sony's new Sony A1 which is poised to overtake Canon.


Depends on your wallet. I don't foresee the masses spending that much money but , time will tell.

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Jan 29, 2021 09:27:23   #
MountainDave
 
I cheer competition, not brands. Competition will make your brand and my brand better.

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Jan 29, 2021 10:06:09   #
martykovacs
 
I've been a member for some time and have read so many posts about the different cameras & models and how they take such great photos. I understand how important it is to the professional. There seems to be a camera & model, lens combination that does a better job for a specific type of photo (sports, scenery, portrait, etc.). How do you tell which camera, model & lens is the best for the type of photo, excluding telephoto, macro, etc.? The combination matches seem endless.

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Jan 29, 2021 10:27:37   #
CHG_CANON Loc: the Windy City
 
martykovacs wrote:
I've been a member for some time and have read so many posts about the different cameras & models and how they take such great photos. I understand how important it is to the professional. There seems to be a camera & model, lens combination that does a better job for a specific type of photo (sports, scenery, portrait, etc.). How do you tell which camera, model & lens is the best for the type of photo, excluding telephoto, macro, etc.? The combination matches seem endless.


Marty, the reality is that all digital cameras of 2021 will deliver overall excellent results. As you move into specialized needs (examples: bad weather, low light, high frames-per-second, large buffers, lightning fast AF, video), certain models will be better suited to these needs, but still, most every model from all vendors can be used in nearly all these situations.

Several review sites exist that provide extremely detailed and hands-on reviews of both bodies and lenses. A 'sports model' will typically be exercised and reviewed against this expected usage. Most every other use will be exhibited in the example images, but probably not identified specifically as a 'landscape' model, for example, given all modern cameras will excel at this type of photography.

Most cameras too, especially mirrorless, are no longer limited to just the lenses designed specifically to that vendor's lens mount. Again especially for mirrorless, you should be able to mix n match any specialized lens to the camera body with the appropriate mount adapter.

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Jan 29, 2021 11:26:21   #
JBRIII
 
I certainly hope they all survive, but sales for 2019 may be, strangely enough, due to COVID. Telescopes I am told did the same thing, some even sold a lot of this year's production last year. People at home wanted something new? to do. Combination of something else to do, time to learn, or walking outdoors in relative isolation, planning future travel when this is over, etc., might be responsible. Good news, but reason might be a one off.

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Jan 29, 2021 11:59:58   #
martykovacs
 
Thank you for your response. I kind of thought that was the case.

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