Canon reported its Q1 2012 earnings this week, and things certainly appear to have gone better than the last time we checked in when it replaced the company president. While revenue declined slightly, net profit reached 61.54 billion yen ($766 million), up 11 percent from a year ago. There's no executive moves to report, however on the earnings call executive VP and CFO Toshizo Tanaka noted a unit sales increase of 30 percent for SLR cameras including the new EOS 5D Mark III as well as the cheaper T3i, Mark II and 60D models, combined with strong sales for WiFi-connected point-and-shoots. As far as new products, while its new cinema cameras got a glancing mention the plan this year includes compact cameras "offering the image qualities that approaches SLR cameras", with improved design and network connectivity features. All the numbers and earnings call talk are in black and white at the links below, although we prefer to spend our time speculating about the future of mirrorless cameras.
Canon reports slightly higher profits in Q1, teases new compact cameras on the way originally appeared on Engadget on Sat, 28 Apr 2012 05:11:00 EDT. Please see our terms for use of feeds.
Permalink |
Canon Q1 2012 earnings call, Q1 2012 results (PDF) | Email this | CommentsTERADATA TELETECH HOLDINGS TECHNITROL TAKETWO INTERACTIVE SOFTWARE SYNTEL
?If you don?t have any facts, we?ll just use my opinion.? - Jim Barksdale (former president and CEO of Netscape). Startups are the sum of the decisions made by the people who run them. Should you raise money? Who should you raise money from? What should be your marketing strategy? What are the next features you should build? Who should you hire? Ok.. you get the point. If decisions are so important then it might be worthwhile to think about how to make them better. A lot of research has been done on this subject and you can literally spend years going through the books, papers and the various theories and schools of thought in decision-making. Needless to say, that will probably be a bad decision by itself. Instead, it is more important to understand why data driven decisions work and to instill such a culture in your company.
Tumblr President John Maloney just posted (
This is the story of how a young Irish fine artist accidentally became a materials scientist, founding a high-growth company that created a whole new product category. It?s also a parable for how great entrepreneurs systematically create their own luck. Jane ni Dhulchaointigh is the founder and CEO of Sugru, a London-based startup that makes an amazing moldable adhesive for repairing any physical object. It?s a cross between silly putty and duct tape, a space age rubber that can be molded into any desired shape by hand, and that sticks to a vast array of surfaces. With customers in over 100 countries, and all seven continents, Sugru has taken the world by storm.
