Here’s a great way to improve the ‘success rate’ of your website. Every day post a new blog entry, “there will not be a new Nikon MX announcement today.”
The original post that said “WPPI says something big is going to happen” but WPPI didn’t say that that something big would even be any kind of product announcement that you somehow turned into the announcement of a product line that is never going to happen?
BTW. You forgot to tell us, “no new Nikon MX announcement today.”
What can i say, BIG mistake NIKON!!
Now give us a new D400 and a D800 that kills everything in its class.
D400: 14-15 mpix, ISO 100-6400 no boost, video
D800: 18-20 mpix ISO 100-12800 no boost, video (NOT 24 mpix that kills the ISo)
Good request, I’m with you (but still like to have the option of “Hi1″ and “Hi2″ ISO, just in case I need them for specific situations, it doesn’t hurt to have them )
WELL, today the Dollar currency got even stronger worldwide. (wall street, shares sale, dollar bill demand, etc.)
Just watch the TV financial news.
So, how this will impact in camera and lenses’ prices ?
- If japanese manufacturers sell their products in Yens in Japan, their price shouln’t have to change
but…
- If japanese companies make camera and lenses with materials all got in japan, then their prices in Yens shouldn’t change.
But since this is an hipothetical situation, they should use also imported materials wich might be in dollars.
After a mess of factors…
- if japanese manufacturers sell their products in dollars to other countries, their prices shouldn’t have to change, since the dollar currency got stronger, and thus when exchanging to Yens the manufacturer will get more Yens.
I think the reason is that Nikon isn’t making the profit they need due to the fluctuating currency market. For Nikon to raise the prices in this economy there must be a very good reason for doing so. I think they realize that people will not like it and it may hurt sales, but from a financial standpoint they probably have little choice.
You can’t judge a currency by its rise or fall in one day. The Dollar has dropped 34% against the Yen since 2007. That’s why prices in the U.S. are rising.
2007: 120.163
2009: 90 (Nikon projection 4th quarter)
Today: About 92
The Dollar is rising against the Euro and Pound because conditions are even worse in Europe than they are in the U.S., if that can be believed. The Pound has dropped 44% against the Yen.
It wasn’t that long ago that a pound was $2. Now it’s $1.42.
When the Euro was first issued it was below $1. Now it’s $1.26, but that’s way down from about $1.50.
If Nikon were a UK company, prices in the U.S. would be pretty cheap. But since they’re a Japanese company, it’s the Dollar to Yen conversion that counts.
We should hope Nikon stays alive and viable long enough to actually introduce new products. Japan’s exports are way way down. They are essentially in a depression. They have no pricing power to raise prices in any sustained way and expect sales to remain steady; raising prices in this environment is a short-sighted desperation move.
Without a real outlook of sustained and future sales, R&D budgets will be slashed. Which means new high-end products will see a much longer cycle.
Now, put yourself in the shoes of Nikon execs. That graph represents your profit margin in the US. I’m surprised they’ve had the self-control to keep prices at the same level for as long as they have. You are probably confusing single-day trading with actual trends.
just check out the currency of the dollar in many countries, the dollar in fact got stronger, as is doing everytime wall street has bad days.
It happens worlwide due to the massive sell of shares to get dollars.
don’t believe me, just take a look of what happen in wall street and the currency worldwide
26 Comments
was this post for everyone named Ken?
Not only Ken – this is still being discussed in forums and I got a dozen of email yesterday
I’m sure that Nikon had originaly planned something BIG. This is just a cover up since they couldn’t get a working prototype or something like that.
sometimes “i told you so” isn’t enough, hmm?
Yes- read my comment above
I don’t think Nikon will release new thing til PMA.
Here’s a great way to improve the ‘success rate’ of your website. Every day post a new blog entry, “there will not be a new Nikon MX announcement today.”
You’ll never be wrong.
Did you read the original post? There was suppose to be a BIG announcement yesterday…. well just read the post
The original post that said “WPPI says something big is going to happen” but WPPI didn’t say that that something big would even be any kind of product announcement that you somehow turned into the announcement of a product line that is never going to happen?
BTW. You forgot to tell us, “no new Nikon MX announcement today.”
we have almost forgotten about that Big announcement…
after all, we started to call “Big” to the D3x’s price
Later, the Big thing was supposed to be a printer (according to Ken R. and some sources).
Later, the Big thing was a concert of xx (don’t remember, I don’t know that band)
And then….. indeed, the Big thing already happened and was the recital or was nothing ?
What can i say, BIG mistake NIKON!!
Now give us a new D400 and a D800 that kills everything in its class.
D400: 14-15 mpix, ISO 100-6400 no boost, video
D800: 18-20 mpix ISO 100-12800 no boost, video (NOT 24 mpix that kills the ISo)
Good request, I’m with you
(but still like to have the option of “Hi1″ and “Hi2″ ISO, just in case I need them for specific situations, it doesn’t hurt to have them
)
I mean 100-6400, / 100-12800 (+ LO1,HI1, HI2.)
I’m with you……
just add a little bit…
both must have built in cleaning sensor and high FPS at least 7 fps without vertical grip.
Updating the 80-400, 300 F4, and the 70-200 would also be BIG in my book!
WELL, today the Dollar currency got even stronger worldwide. (wall street, shares sale, dollar bill demand, etc.)
Just watch the TV financial news.
So, how this will impact in camera and lenses’ prices ?
- If japanese manufacturers sell their products in Yens in Japan, their price shouln’t have to change
but…
- If japanese companies make camera and lenses with materials all got in japan, then their prices in Yens shouldn’t change.
But since this is an hipothetical situation, they should use also imported materials wich might be in dollars.
After a mess of factors…
- if japanese manufacturers sell their products in dollars to other countries, their prices shouldn’t have to change, since the dollar currency got stronger, and thus when exchanging to Yens the manufacturer will get more Yens.
So, why are the prices in U.S. raising ?
“So, why are the prices in U.S. raising ?”
A companies’ main purpose it to turn a profit
Don’t they already have profit ?….
It must be a specific explanation for the raising prices, probably a cummulative of factors.
would be good for everyone to have a clear answer, wouldn’t it ?
I think the reason is that Nikon isn’t making the profit they need due to the fluctuating currency market. For Nikon to raise the prices in this economy there must be a very good reason for doing so. I think they realize that people will not like it and it may hurt sales, but from a financial standpoint they probably have little choice.
You can’t judge a currency by its rise or fall in one day. The Dollar has dropped 34% against the Yen since 2007. That’s why prices in the U.S. are rising.
2007: 120.163
2009: 90 (Nikon projection 4th quarter)
Today: About 92
The Dollar is rising against the Euro and Pound because conditions are even worse in Europe than they are in the U.S., if that can be believed. The Pound has dropped 44% against the Yen.
It wasn’t that long ago that a pound was $2. Now it’s $1.42.
When the Euro was first issued it was below $1. Now it’s $1.26, but that’s way down from about $1.50.
If Nikon were a UK company, prices in the U.S. would be pretty cheap. But since they’re a Japanese company, it’s the Dollar to Yen conversion that counts.
…quiet night !!
We should hope Nikon stays alive and viable long enough to actually introduce new products. Japan’s exports are way way down. They are essentially in a depression. They have no pricing power to raise prices in any sustained way and expect sales to remain steady; raising prices in this environment is a short-sighted desperation move.
Without a real outlook of sustained and future sales, R&D budgets will be slashed. Which means new high-end products will see a much longer cycle.
I was hoping against hope that Nikon would release the MX… which was very unlikely after the D3x launch anyway.
Life has become boring… no new releases in the run up to PMA except for the 35mm, which Nikon ought to have released at least 6 years ago…
Is Nikon coming out with a waterproof camera like Canon did for Pre-PMA 2009?
http://www.dpreview.com/news/0902/09021805canond10.asp
I would buy a Nikon underwater camera over a Canon? Should I wait and see if Nikon comes out with one or buy the Canon underwater camera?
I’m not a currency trader, but I can use google.
“WELL, today the Dollar currency got even stronger worldwide.”
Even stronger? Check this out:
http://www.trustnet.com/Currencies/CurrencyHistory.aspx?SourceT=USDJPY
Now, put yourself in the shoes of Nikon execs. That graph represents your profit margin in the US. I’m surprised they’ve had the self-control to keep prices at the same level for as long as they have. You are probably confusing single-day trading with actual trends.
just check out the currency of the dollar in many countries, the dollar in fact got stronger, as is doing everytime wall street has bad days.
It happens worlwide due to the massive sell of shares to get dollars.
don’t believe me, just take a look of what happen in wall street and the currency worldwide