Nikon cuts profit forecast, increases DSLR shipments

Recession...

  • Nikon slashed its annual net profit forecast by 40% (ouch).
  • Nikon expects to post a net profit of 47 billion yen for the year, down from 75.5 billion yen in the last year (good that there is still a profit).
  • Nikon raised its annual target for DSLR shipments to 3.5 million units from 3.3 million (good!).
  • Nikon increased its compact camera forecast by 7% to 10 million units (who cares).

Via Reuters

If you are not impacted by the recession, get the Sigma 200-500mm f/2.8 EX DG APO IF AF Lens (Nikon mount) for US $23,899.95.

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