Nikon cuts annual forecasts by 68% on lower demand

Just when I thought that Nikon is not impacted by the current economical situation… they reduced their annual forecast by 68% today (source). At the same time Bloomberg’s commentary is that Nikon may benefit from the US Stimulus Plan. They will benefit if they get some good lenses out. General DSLR sales outlook does not look bad according to the latest CIPA report: DSLR expected sales growth for 2009 is 6.8%.

(if I am not mistaken, the last Nikon recall was in 2005)