Another BAD NEWS Press Release
from Nikon on February 13, 2017.
Mobile phones with high-quality camera capability have been steadily eating into digital camera sales for the last few years.
It is finally beginning to take a heavy toll. Nikon could be the first to stumble.
Nikon currently, per DPReview, has 250 cameras on its books. That is crazy.
Canon has 278, Sony 277, Olympus 243, Fujifilm 239, Panasonic 193 and Pentax 135.
That is a total of 1,615 digital cameras from 7 camera manufacturers — at an average of 230 per vendor.
I have consistently maintained that this is too many. Each camera that you keep on your books costs money.
Nikon announced 14 new cameras in 2016 — 3 of them being the 1″ DL compacts that were cancelled yesterday.
Nikon and the others MUST cut back on new releases. We do NOT need so many variants at so many different price points.
Just a couple of good ones, at the low, medium and high bands.
The camera industry has ALREADY seen a sea change in vendors. Kodak, Polaroid and Agfa are no longer the market leaders they one were.
We have seen such dramatic shifts in leadership in the computer industry. Once famous names, now no more; e.g., NCR, Burroughs, CDC, Univac, DEC, DG, Wang, Stratus, Sun etc. etc.
The same WILL happen to these digital camera vendors. Mark my word.