According to the latest forecast announced at the end of October, sales in the camera business for FY12 / 19 are forecast to decline 20.2% YoY to ¥ 474.7 billion.
No surprise. And will be worst if they don’t change the approach at the market. Their problem is that now they have no much time. They need also less models and more quality.
It will be hard to reverse such trends
Rising wealth and income inequality mean that richer people have ever more disposable income, creating a market incentive for retailers to cater to the needs of lawyers in Chicago and tech analysts in Boston over child-care workers in the Mississippi Delta and part-time retail workers in California’s Central Valley. More firms catering to well-off consumers means more competition for those consumers means more product innovation and product choice for those consumers, as well as suppressed prices. Fewer firms catering to low-income consumers means less competition for those consumers means less product innovation and product choice for those consumers, and increasing prices.
https://www.theatlantic.com/ideas/archive/2019/11/income-inequality-getting-worse/601414/
Some imbeciles here posted how economics are not related to cameras and such. And here we are now, under leadership of another imbecile managers.
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