Tompas
Wannabe Künstler
Ach was! I am a family man, and my hobby is photography.
And I know others while I do not know a woman who photographs to see her picture on Facebook.
Severe crisis at Nikon
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Ach was! I am a family man, and my hobby is photography.
And I know others while I do not know a woman who photographs to see her picture on Facebook.
leicapixie
Well-known
Nikon has been designing and building "systems" like the time "everyone"
voted with feet and pocketbook, from Leica to the Nikon-F or any SLR.
You bought lenses, filters, flashguns, drives and lots of lenses.
Technology gave the Point and Shoot digital, then the phone camera.
Most photographers no longer wanted a "System".
Once the taste of easily carried and used, one cannot go back.:bang:
A small unit with flash all integrated in compact package.
Even Nikon's 1" cameras needed an added flash gun.
One word. DUMB.
Nikon has also built cameras and lenses almost everywhere BUT Japan, unlike Canon Pro., lenses and FF DSLR.
Leica is compact, lenses small(large compared to past), easily useable,
almost no menu reqd.
Leica drawback is Super pricing.
It matters little, as Leica cannot make thousands of units a week.
voted with feet and pocketbook, from Leica to the Nikon-F or any SLR.
You bought lenses, filters, flashguns, drives and lots of lenses.
Technology gave the Point and Shoot digital, then the phone camera.
Most photographers no longer wanted a "System".
Once the taste of easily carried and used, one cannot go back.:bang:
A small unit with flash all integrated in compact package.
Even Nikon's 1" cameras needed an added flash gun.
One word. DUMB.
Nikon has also built cameras and lenses almost everywhere BUT Japan, unlike Canon Pro., lenses and FF DSLR.
Leica is compact, lenses small(large compared to past), easily useable,
almost no menu reqd.
Leica drawback is Super pricing.
It matters little, as Leica cannot make thousands of units a week.
HHPhoto
Well-known
Hi Stephen,
that is a fairy tale told by the Lomography marketing guys. It has nothing to do with reality.
Lomo sales peaked already in 2011, and since then they were on a strong decline, and now stabilising on a very low level.
During the last years Lomography had to close lots of their Gallery and Embassy stores worldwide. And lots of their employees had to go.
Some of their cameras were discontinued, and no standard film models have been introduced for years (only Instax).
Lomo is now mainly surviving by
- selling Lomo Instax cameras and Instax film
- selling their 'art' lenses (made by Zenit) mainly to digital photographers.
Lomo was a very small niche in film photography before their boom from 2006-2011, and now they are again a very small niche in film photography.
The film revival is driven by real classic film photography, not by Lomography.
But it is right that lots of this new driving force is from younger photographers. All film manufacturers say that, that they have lots of (very) young customers.
That may be right for current Lomographers.
Cheers, Jan
that is a fairy tale told by the Lomography marketing guys. It has nothing to do with reality.
Lomo sales peaked already in 2011, and since then they were on a strong decline, and now stabilising on a very low level.
During the last years Lomography had to close lots of their Gallery and Embassy stores worldwide. And lots of their employees had to go.
Some of their cameras were discontinued, and no standard film models have been introduced for years (only Instax).
Lomo is now mainly surviving by
- selling Lomo Instax cameras and Instax film
- selling their 'art' lenses (made by Zenit) mainly to digital photographers.
Lomo was a very small niche in film photography before their boom from 2006-2011, and now they are again a very small niche in film photography.
The film revival is driven by real classic film photography, not by Lomography.
But it is right that lots of this new driving force is from younger photographers. All film manufacturers say that, that they have lots of (very) young customers.
That may be right for current Lomographers.
Cheers, Jan
nikonhswebmaster
Retired NHS Webmaster
Women I know flood Facebook with photos, and more so Instagram.
Larry Cloetta
Veteran
I think he must have meant he didn't know any women.
Tim Murphy
Well-known
HHPhoto
Well-known
Thom Hogan has a good article about our topic here:
http://www.dslrbodies.com/newsviews/about-nikons-financials.html
Cheers, Jan
http://www.dslrbodies.com/newsviews/about-nikons-financials.html
Cheers, Jan
Tompas
Wannabe Künstler
sc_rufctr
Leica nuts
I feel bad for Nikon but the whole imaging industry is in a state of "disruption". (I keep seeing this term 🙄)
If this is an issue for Nikon I'd expect Canon is in a similar position & the smaller manufacturers don't sand a chance.
If they don't change and adapt then it's just a matter of time until they're gone.
If this is an issue for Nikon I'd expect Canon is in a similar position & the smaller manufacturers don't sand a chance.
If they don't change and adapt then it's just a matter of time until they're gone.
uhoh7
Veteran
TY for that.
Sony cancelled A7 program twice before launch, and has been on the brink for years now. Nikon situation is worth discussion, but the press and the thread title here seem to imply bankruptcy looming.
That is BS if Hogan has it right. 🙂
Nikon has nearly gone down a number of times over the years, I thought, but usually gets their act together and does something special like the EDIF 300/2.8 in the 80's which resold the press corp in face of Canon advances.
Of course Digital bodies are more complicated.
willie_901
Veteran
SONY has the resources to subsidize a business group indefinitely. Nikon does not.
In my view Nikon's current predicament is blown out of proportion. This sort of thing is inherent to journalism. In ancient times newspaper headlines were written to sell papers. Now web-site link headlines are written to generate more traffic. Nothing changes except the scale.
Nikon does have serious internal issues. Right now Nikon's earnings per share are only a penny.
Their stock closed today at $14.77 (which is just about in the middle of its 52 week price range, $16.63-$12.83). Bankruptcy is not "looming".
I suggest after about a decade of decisions that were based on Nikon's corporate culture rather than an objective evaluation of the market, Nikon has to reinvent its product development strategies. Hiring a well-known actor to pretend a camera system is cool isn't the answer.
Nikon does have excellent optical, electronics and manufacturing resources. I think we all hope Nikon's management figures out how to leverage theses assets to accommodate the current and future realities of the still-photogrpahy market.
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My 96 year old Father-In-Law got a factory tour of Nikon during the Korean War. The story he was told was German engineers from Contax were sent to Nikon, Leica engineers were set to Canon during the war (exchange program). After the war they stayed and helped form the companies we see today. He was told that is why Nikon followed the Contax camera design, Canon the Leica designs. Both were what you might call Open Source in today's speak as many patents (I think all) were null and voided as part of the surrender agreements.
B2 (;->
FrozenInTime
Well-known
The elephant in the room is APS-C / FF mirrorless and Nikon are not alone in being reluctant to play.
Aside from that :
The KeyMission action cameras are 'me too' GoPros - a very saturated market.
The Coolpix A was a 'me too' Ricoh GR - a 40mm view version might have broken the GR dominance.
The 1-series V3 showed promise but was only sold an over priced bundle.
The cancelled DL cameras were quite appealing.
It seems Nikon frequently come close, but fail to close the deal or stay the course.
