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.