Canon cuts profit forecast as post-Brexit yen strength bites, Reuters reports

canon rumors

Reuter reports:

Canon Inc cut its full-year profit forecast on Tuesday, becoming Japan’s first major technology company to report a weaker outlook on the yen’s surge following Britain’s vote to leave the European Union.

The world’s biggest maker of cameras and printers forecast group operating profit of 265 billion yen ($2.54 billion) for the year through December, from 300 billion yen estimated three months prior.

The new forecast, Canon’s second downward outlook revision this year, is below market expectations of 297 billion yen, based on estimates of 17 analysts surveyed by Thomson Reuters.

The company also said that for the quarter through June, operating profit fell 35 percent to 68.6 billion yen, missing the 81.9 billion yen average of five analyst estimates.

Read the story at Reuters…

“Vorticity” is a jaw-dropping tornado time-lapse (shot with EOS 5Ds R)

“Vorticity” Is A Jaw-dropping Tornado Time-lapse (shot With EOS 5Ds R)

I featured works by Mike Olbinski in the past. He makes amazing time-lapse videos like this one. Vorticity is Olbinski’s latest time-lapse video, and it is all about chasing tornados. He writes:

I had three goals this spring: Get a tornado on time-lapse, capture the best footage I possibly could, and chase as much as my schedule would allow. That ended up totalling 18 chase days. 20,000 miles driven. Almost 60,000 time-lapse frames shot. Nine total states. Hours and hours and hours of editing. All between April 15th and June 15th.

Mike Olbinski shot Vorticity using a Canon EOS 5Ds R, EOS 5D Mark III, Canon EF 11-24mm f/4, EF 16-35mm, and 35mm, 50mm, 135mm lenses. You can read Olbinski’s description of Vorticity here. Enjoy the video!

Canon Powershot G7 X Mark II review (Camera Labs)

Canon Powershot G7 X Mark II Review (Camera Labs)

Powershot G7 X Mark II: Amazon USA, B&H Photo, Digitalrev, eBay, Adorama, Canon USA

At a glance:

  • 20.1MP 1″ CMOS Sensor
  • DIGIC 7 Image Processor
  • 4.2x Optical Zoom f/1.8-f/2.8 Lens
  • 24-100mm (35mm Equivalent)
  • 3.0″ 1.04m-Dot Tilting LCD Touchscreen
  • Full HD 1080p Video Recording at 60 fps
  • Built-In Wi-Fi with NFC
  • Expanded ISO 25600, Up to 8 fps Shooting
  • Intelligent IS Image Stabilization
  • Manual Control Ring, Time Lapse Movie

Camera Labs reviewed the Canon Powershot G7 X Mark II, a powerful, enthusiasts-oriented compact camera with a large sensor and a pretty rich feature set. As with all reviews I saw so far, this one too is very positive about the Powershot G7 X Mark II.

From the conclusion:

Superficially the G7 X Mark II may seem similar to its predecessor, but Canon’s made a number of useful enhancements which make it a much more compelling camera overall. The body is essentially the same size with the same control layout as before, but the addition of a grip on the front makes it much more comfortable to hold. The lens may share the same 4.2x / 24-100mm range and f1.8-2.8 focal ratio, but there’s now an Auto ND filter option for stills and the chance to de-click the lens ring for smooth or stepped adjustments – great for stills and movies. As before the lens is a little soft in the corners at 24mm, especially when focusing close, but the optical quality quickly improves as you zoom-in. The screen may be the same size with the same well-thought-out touch interface, but as well as tilting up to face the subject, it’ll now also tilt down for easier composing at high angles. Meanwhile the camera can now be charged over USB, although Canon still supplies an AC battery charger if you prefer. Read the review…

The review comes with a large set of sample pics and discusses all aspects of the Powershot G7 X Mark II. The videos below may also give you an idea of what the Powershot G7 X Mark II can deliver.

powershot g7 x mark iiPowershot G7 X Mark II: Amazon USA, B&H Photo, Digitalrev, eBay, Adorama, Canon USA

[via Camera Labs]

Canon EOS 5Ds R review (do you need 50MP?)

Canon EOS 5Ds R Review (do You Need 50MP?)

Canon EOS 5Ds R: Amazon USA, B&H Photo, Digitalrev, eBay, Adorama, Canon USA

At a glance:

  • 50.6 Megapixel full-frame CMOS sensor with ISO 100-6400 (Lo: 50 and H1: 12,800) sensitivity range
  • Low-pass cancellation filter for maximum sensor resolution
  • Dual DIGIC 6 Processors for outstanding image processing speed and camera responsiveness
  • 5 frames per second (fps) with selectable burst speeds and silent shutter mode
  • 61-point wide area AF with 41 cross-type sensors with iTR, AI Servo AF III and AF Configuration tool
  • 150k pixel RGB+IR metering sensor. 100% magnification Intelligent Viewfinder II with electronic overlay
  • 1.3x, 1.6x and 1:1 ratio crop modes with masked viewfinder display
  • Mirror Vibration Control System to reduce mirror vibration blur
  • Fine Detail Picture Style. CF + SD (UHS-I) dual memory card slots
  • Peripheral Illumination and Chromatic Aberration Lens Correction in camera
  • Multiple Exposure and HDR mode. Customisable Quick Control screen
  • Built-in timer functionality – bulb timer and interval shooting timer
  • Time-lapse Movie function
  • SuperSpeed USB 3.0 for high-speed tethering and image/movie transfer
  • 150,000 shutter cycle life.

Photographer and reviewer Dustin Abbott posted his review of the Canon EOS 5Ds R. As usual with Abbott’s review, it’s a “real world” look on gear. And since we are talking about Canon’s high-resolution champion, the obvious answer he is trying to answer is “do you need 50MP?”.

You may watch the video below for the full review.

You may also go for the written review. The review discusses any aspect of the EOS 5Ds R, comes with many sample pics, and a lot of useful information for those who are on the fence about the EOS 5Ds R. From the conclusion:

The reality is that some photographers will take better pictures with 50MP; others will take worse pictures. There’s a right and wrong way to employ that amount of resolution, and using it wrong will actually result in pictures that are more blurry or noisy. Either way expect more time spent in handling images. Ultimately the question of whether or not you need 50MP can only answered by you, but that is the key question. After spending more than a month with the 5DsR I’m still not sure of the answer for myself. After years of shooting professionally I’ve never yet had a client complain that my images weren’t “big enough” or lacked resolution. I can certainly see situations where I would enjoy having 50MP, and my time with the 5DsR has convinced me that it is just a good camera, period…but so is the 5D3. Anecdotal evidence from many 5Ds/R shooters is that they have come to love the camera for more than just the 50MP, while others concluded that it was overkill for their purposes and went back to something else. And that is the conundrum of the 5DsR. It is a great camera, but it is also a niche one. If you need 50MP, it’s not only the best 35mm option; it’s currently the only one. Read the review…

It looks Canon definitely made a foray into the medium-format domain.

There are more videos coming with the review. The first video below discusses design, features and specifications of the EOS 5Ds R, the second one analyses the pros and cons of a 50MP camera.

Canon EOS 5Ds R: Amazon USA, B&H Photo, Digitalrev, eBay, Adorama, Canon USA

eos 5ds

Venus Optics will announce the Laowa 12mm f/2.8 Lens on July 30

Laowa 12mm f/2.8

Venus Optics will soon announce a new lens, the Laowa 12mm f/2.8. The announcement is expected for July 30, 2016. The lens comes in various mounts, Canon included.

Laowa 12mm f/2.8 specifications:

  • Image circle: 24×36
  • Field of view: 121.96°
  • Optical formula: 16 elements, including 2 aspherical elements and 3 elements made of glass with anomalous dispersion, in 10 groups
  • Number of aperture blades : 7
  • Aperture range: f/2.8 – f/22
  • Manual focus
  • Minimum focusing distance: 0.18m
  • Maximum magnification: 0.2x
  • Maximum diameter: 74.8mm
  • Length: 82.2mm
  • Weight: circa 570g.
[via Mirrorless Rumors]

Canon showcases the future of broadcast and cinema at IBC 2016

IBC 2016

Canon press release:

London, UK, 22 July 2016 – Canon Europe will be demonstrating its full range of professional imaging products at IBC 2016, the leading global tradeshow for the media and broadcast industry in Amsterdam, Netherlands. Having exhibited at IBC for more than three decades, Canon will display its latest industry-leading innovations – the range will include professional cameras, broadcast live streaming, reference displays and in excess of 100 lenses.

The Canon stand will provide visitors with the opportunity to get hands-on with Canon’s Full HD, 4K and HDR products, through a variety of end-to-end workflow scenarios – from shooting experiences, to review and editing processes, including innovative low-light and long distance live shooting demos.

Since its inception in 2011, Canon’s Cinema EOS range has been instrumental in transforming the professional video industry – with a range of innovations, including Dual Pixel CMOS AF for effective autofocus, leading sensor technology and advances in resolution. In April 2016, Canon saw the family of Cinema EOS products expand further with the launch of the versatile ME200S-SH, a compact professional multi-purpose video camera, and CN-E18-80mm T4.4 L IS, a compact cinema EOS lens with cine-servo style functionality. Both will be on display for touch and try, for the first time in Europe.

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