Canon’s 2019 Profit Might Sink 40% Due To European Slowdown And Chip Market Issues, Report

Canon’s profit forecast for 2019 might be 40% less than expected.

Nikkei Asian Review reports:

TOKYO — Canon‘s operating profit is on track to sink 40% this year to slightly over 200 billion yen ($1.85 billion), Nikkei has learned, amid a slowing European economy and slumping chip market.

The Japanese company’s profit for the year ending in December is seen falling roughly 60 billion yen short of its downgraded guidance in April. Sales likely will shrink 6% to a figure above 3.7 trillion yen, off about 100 billion yen from April’s forecast. The full-year projections are expected to be lowered again when Canon presents first-half earnings next week.

Worsening economic conditions in Europe have caused corporate clients to hold off on investments, softening sales of office equipment and other machinery. The depreciation of the euro against the yen also undercut profitability in exports.

This comes on top of a global market downturn for semiconductors used in data centers and smartphones. Semiconductor manufacturers have withheld capital spending on chipmaking equipment, one of Canon’s products, and deliveries have been postponed.

The report mentions also the shrinking camera market. During the first 5 months of 2019, camera shipments have been gone down by 24%, it seems mainly because of less DSLRs sales in China ad other countries.

The Nikkei report is behind a paywall but you should have a limited number or free articles per month.

Sony a7R IV vs Sigma fp vs Canon EOS R vs Canon EOS RP Size Comparison

Sony A7R IV

Let’s see how the brand new Sony a7R IV compares to the competition when it comes to size and bulk.

Below is the size comparison (from camerasize.com) between the Sony a7R IV, Sigma fp, and Canon EOS R.

Sony a7R IV
Click image to see a larger version

Size comparison between a7R IV, Canon EOS R, and Nikon Z6:

Sony a7R IV
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And a size comparison between Sigma fp, Canon EOS R, and Canon EOS RP:

Click image to see a larger version

And between EOS R, EOS RP, and a7R IV:

Sony a7R IV
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It’s amazing how small and compact the Sigma fp is (while still having a full frame sensor). I do not know how the Sigma fp will look and can be handled with a telephoto lens attached, but it definitely looks cool with its diminutive form factor.

And what to say about the new a7R IV? Impressive at least. Guess the a7R IV is the new reference standard for the competition. While I am happy that Canon only releases thoroughly tested gear (which as good as never lets you out in the rain, or overheats and turns off), I also wish they could push technological innovation a bit more (especially on the specifications/feature side of things).

Sony a7R IV preorders are open at B&H Photo | Adorama | Amazon

Sigma fp preorders at B&H Photo | Adorama

Canon EOS R:

Australia & New Zealand: Amazon AU, Amazon USA, Adorama, B&H Photo, Digitalrev, eBay Australia, Alibaba
Europe & UK: Amazon DE, Amazon UK, Amazon FR, Amazon IT, DigitalRev, eBay DE, Wex Photo Video, Park Cameras, Canon DE, Canon UK, Canon IT, Canon FR
USA/Canada: Amazon USA, Amazon CA, B&H Photo, Digitalrev, eBay US, Adorama, KEH Camera, Canon USA, Canon CA

Canon EOS RP:

Australia & New Zealand: Amazon AU, Amazon USA, Adorama, B&H Photo, Digitalrev, eBay Australia, Alibaba
Europe & UK: Amazon DE, Amazon UK, Amazon FR, Amazon IT, DigitalRev, eBay DE, Wex Photo Video, Park Cameras, Canon DE, Canon UK, Canon IT, Canon FR
USA/Canada: Amazon USA, Amazon CA, B&H Photo, Digitalrev, eBay US, Adorama, KEH Camera, Canon USA, Canon CA

[via Camera Size]

Deal: Datacolor SpyderX Display Calibration Starting $136

SpyderX

As part of Amazon Prime Day you can get Datacolor SpyderX display calibration tools with a substantial discount:

Amazon Prime Day ends today.

Amazon US Prime Day listings:

Amazon Europe Prime Day listings:

Industry News: Sony Alpha 7R IV With 61MP Full Frame Sensor Announced

Sony just announced the Sony Alpha 7R IV. Is the Sony Alpha 7R IV the new reference for the competition?

Preorders are open at B&H Photo | Adorama | Amazon

Press release:

Sony Introduces High-Resolution Alpha 7R IV Camera with World’s First 61.0 MP Back-illuminated Full-frame Image Sensor

World’s first[i] 35mm full-frame 61.0 MP[ii] back-illuminated Exmor R™ CMOS image sensor with latest-generation BIONZ X™ image processor

• 15-stop[iii] dynamic range at low sensitivities, resulting in smooth natural gradations ranging from deep shadows to highlights

• High-speed continuous shooting at up to 10 fps[iv] with full AF / AE tracking for approx. 7 seconds[v]in full-frame mode with an increased buffer memory, and approximately three times more in APS-C mode 

sony alpha 7r iv

• 567 focal-plane phase-detection AF points covering 74% of image area and 425 contrast AF points 

• Debut of Real-time Eye AF for movie recording[vi] and advanced Real-time Tracking[vii] plus Real-time Eye AF for still image recording

• Features an APS-C crop mode delivering stunning high resolution of 26.2MPii

• 5.76 million dot UXGA (Ultra-XGA) OLED Tru-Finder™ electric viewfinder with outstanding detail, brightness and contrast

sony alpha 7r iv

• Upgraded connectivity and operability including high-speed Wi-Fi support, wireless PC remote connectivity[viii], FTP wireless transfer, faster data transfer via USB and more

• Professional 4K movie recording functionality including full pixel readout with no pixel binning in Super 35mm mode,[ix] S-Log3, HDR workflow support

• Multi Interface Shoe™ with digital audio interface deliver the high-quality sound recording with new Sony’s microphones and XLR adaptor 

• Additional enhancements to the body design include an improved grip and button for improvised control with compact, lightweight body

Sony today announced the latest addition to its acclaimed Alpha™ 7R series full-frame mirrorless camera line-up; the extremely versatile, powerful Alpha 7R IV (model ILCE-7RM4).

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Save 10% On Refurbished Gear At Canon Direct Store

Refurbished

The Canon Store offers 10% discount on refurbished gear. Expires 7/22.

Click here to see all eligible items.

The Canon Store is the place to look out for good deals. Here are the listings:

The Perfect Camera, As Imagined By YouTubers

Sony A7R III

Armando Ferreira asked a bunch of YouTubers about what they think would be the perfect camera for them.

The featured YouTubers are (in parenthesis what appears to be the perfect camera for them): iJusine and Jenna Ezarik (this camera), Caleb Wojick (this camera), Dave Maze (this camera), Brett Conti (this camera), and Elliot Walker (this camera).

And here is the video.

The Canon PowerShot G7 X Mark III seems made for YouTubers.