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Close Topic OptionsCanon camera profits rise despite falling sales
Canon Camera Profits Rise Falling Sales - Movies, Music, Fashion, Sports - Posted: 31st Oct, 2009 - 3:03am
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Post Date: 31st Oct, 2009 - 3:03am / Post ID: #
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Canon camera profits rise despite falling sales
Canon camera profits rise despite falling sales
Photography News / Digital Camera Reviews
The strong Yen has resulted in fifth consecutive quarter of falling sales income for Canon's camera division, compared to the same period in previous years. Despite this, the company's operating profit and profit margin increased, prompting the company to improve its forecast for the next quarter. Total sales for the division fell 8.3% to ¥229 bn ($2,545m) once currency effects have been taken into account, though they actually grew 6.2% in the currencies they were sold in.
Source: News: Digital Photography Review (dpreview.com)
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TOPIC: Canon camera profits rise despite falling sales