The digital camera industry has been nosediving as of late, and Nikon is feeling the pain. In its latest financial results, Nikon revealed some grim numbers and an even darker forecast. The company’s business of selling cameras and lenses will no longer be its biggest revenue-generating segment. In an interview with Nikkei back in August, […]
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RED has sued Nikon for illegally copying its data compression technology. The lawsuit asserts that Nikon infringed on its patents through capabilities granted to the Nikon Z9 in the recent firmware 2.0 update. [Read More] petapixel.com »
2022-05-26 23:07
This past week, Nikon shared its ‘Medium Term Management Plan,’ which details what areas of its businesses Nikon will be focusing on from now through 2025. While much of it focuses on Nikon’s non-imaging businesses, Nikon does detail a number of interesting strategies regarding its future efforts for digital imaging. dpreview.com »
2022-04-11 21:59
Nikon USA has released its fourth and final teaser in its ongoing series to promote its forthcoming Z9 mirrorless camera system. As we’ve seen with each of the three previous teasers, this one only hints at what we can expect rather than outright telling us. dpreview.com »
2021-10-27 15:57
Nikon’s Sendai factory. It’s been a rough few years for Nikon, but there is light at the end of the tunnel. Or, so we’re being led to believe based on an interview Nikon’s CFO Muneaki Tokunari gave to Nikkei, wherein he says he expects Nikon to once again reach profitability by the end of its 2022 fiscal year. dpreview.com »
2021-03-24 18:12
Nikon has released third-quarter (Q3) financial results for its 2021 fiscal year (FY2021), revealing the harsh realities of a shrinking market further impacted by the COVID-19 pandemic. As doom-and-gloom as the numbers may appear though, it seems Nikon’s Imaging Products Business has survived the worst of it and has set itself up for a sustainable future going forward. dpreview.com »
2021-02-08 18:59
As it promised when it initially pushed back the release date, Nikon has released the financial results today for its 2020 fiscal year (FY2020), ending March 31, 2020, as well as its forecast for its 2021 fiscal year (FY2021). dpreview.com »
2020-05-29 17:51
When Nikon announced its Z Series full-frame mirrorless camera system last year, it called the Z mount “the new light that Nikon will use to pioneer the future.” In its new push toward mirrorless dominance, Nikon will reportedly be ending at least 1/3 of its F-mount DSLR models. Nikon currently has 8 active DSLR models […] petapixel.com »
2019-07-02 20:42
If you're sensitive to gore, you might want to turn your head. Nikon Asia has published a video on its YouTube channel that dives into the brutal depths the company goes to in order to test the ruggedness of its DSLR cameras — specifically the Nikon D850. dpreview.com »
2018-08-15 21:15
Nikon blows out the candles on its 100th birthday cake later this year, and it’s celebrating the occasion by releasing a handful of anniversary-edition products. These include metallic-grey editions of its D5 and D500 DSLRs announced last year, alongside a special edition AF-S NIKKOR 70-200mm f/2. digitalrev.com »
2017-04-03 03:00
Nikon blows out the candles on its 100th birthday cake later this year, and it’s celebrating the occasion by releasing a handful of anniversary-edition products. These include metallic-grey editions of its D5 and D500 DSLRs announced last year, alongside a special edition AF-S NIKKOR 70-200mm f/2. digitalrev.com »
2017-04-03 03:00
So-called upper-entry-level DSLRs from Canon and Nikon tend to offer many of the same niceties as their pricier siblings, but in smaller and more portable bodies. This makes them great for first-time users who want plenty of growing space as they gain confidence and skills, but also for users of more advanced bodies who may want a lightweight backup camera. digitalrev.com »
2017-03-31 03:00
Episode 123 of the PetaPixel Photography Podcast. Download MP3 – Subscribe via iTunes or RSS! Featured: Gordon Laing, CameraLabs In This Episode If you subscribe to the PetaPixel Photography Podcast in iTunes, please take a moment to rate and review us and help us move up in the rankings so others interested in photography may find us. Sponsor: MeFoto. Save 15% […] petapixel.com »
2016-11-10 12:53
Senior Nikon Executives at CP+ 2016 Nikkei Asian Review reports that Nikon is cutting 1000 jobs, or 10% of its domestic workforce, over the next two to three years. The cuts are expected to have the highest impact on the under-performing semiconductor and digital camera business. dpreview.com »
2016-11-08 02:08
Nikon made a splash back in September 2011 when it decided to jump into the mirrorless camera industry with its J1 and V1 cameras. Since then, Nikon has expanded and updated the line to consist of the AW1, V3, J5, and S2. petapixel.com »
2016-08-18 21:29
Meta is experiencing a combination of financial difficulties that it has not encountered for the first time in its history. Its Reality Labs division continues to lose billions of dollars at the same time Facebook reported its first-ever decline in revenue. [Read More]
Adobe has released its Q4 financial results for the 2019 fiscal year, revealing that it has surpassed $11 billion in annual revenue for the first time in the company’s history, and posting an incredible 24% growth year-over-year.
You wouldn’t be the first person in the photography industry to be somewhat surprised by the incredible financial numbers published by Adobe in their Q2 earnings report. The company has been facing harsh criticism from photographers over their handling of Lightroom CC and the overall quality of the updates coming with the Creative Cloud.
Adobe took a lot of crap from the photo community for switching to the Creative Cloud subscription model, but all of that criticism seems to have been worth it. According to the company’s recent earnings report, business is booming.