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Originally posted by zoolander
My impression and prediction:
1. Take a K-5, make it fatter, upgrade it, and wack in a 23 mega pixel sensor which is good, but not too good like the 16mp sensor was - ala the K-3. Take a 24 mega pixel 35mm sensor, jam it in a K-3, and make the 24mp considerably better than the 23mp sensor - ala the Pentax 35mm DSLR (whoops, shouldn't have mentioned it).
2. Get rid of the entry level to mid level cameras, and replace with 20mp sensors. Entry level not WR, but K-50 replacement WR.
The line up looks like this: K-S1 (20mp); K-50 mark ii (K-S5 20mp); K-3 (23mp); K-35mm (24mp); 645Z. (the lens road map fulfilled with a couple of lenses from Tokina)
Thats just my prediction, I had a feeling the new entry level would be 20mp to compete with Nikon 24mp and Canon 20mp. There should be room in a K-3 to fit a 35mm and mirror box, if there isn't, then there is going to be a new chassis. But it will be the path of least resistance and cost and a traditional DSLR arrangement - no mirrorless 35mm. Pentax won't try to step on Nikon or Canons toes, and won't challenge by producing a Pro level 35mm camera, it'll be Advanced/consumer grade (But really it'll be pro). The Pentax K-3 had to be good enough on its own, but not so good that its almost equal to the Pentax 35mm. There might be a surprise in there, but ultimately I do not think that Pentax has the resources to do anything risky.
Pentax Mirrorless
Pentax's biggest risk was mirrorless with the Q, and they chose the path of least resistance with a small camera and tiny lens range - a cost effective model line-up, with no competition, but not a huge market. The Q is a test bed. But what was developed in the Q might be applied to either an APS-C mirrorless, but I doubt that Pentax has the resources to develop a lens range. But this is where Ricoh steps in, the Ricoh GR is also a test bed, and could be turned into a mirrorless CSC, and challenge Sony and Fujifilm. Ricoh/Pentax will be steping on, Sony and Samsungs feet. So no sensors from Sony or Samsung a Toshiba sensor it will be.
Ricoh Mirrorless
Ricoh being a company with a long heritage and tradition is entitled to market share. So I predict an APS-C mirrorless system camera from Ricoh (The sensor can't be Sony or Samsung).
Fujifilm
Fujifilm is stealing business away from Canon, Nikon and Sony, and they'll be in a lot of trouble. But if they just stick with their clunky mirrorless cameras, and super sharp lenses, they might slip under the radar. Because Fujifilm as a corporation has a tradition and history, and they are entitled to a market share.
Canon and Nikon
Pentax is too weak to challenge Canon and Nikon. If Canon perceives that Pentax is challenging Canon's 5Dmarkiii, then that rumor about a Canon Medium Format, might come into fruition to crush the 645Z. But in turn Canon might be trying to take out the other medium format producers. I think its unlikely that Canon will make a medium Format, because Canon is developing its niche in video. But Canon is copying Pentax with a couple of pancake lenses, and the baby Canon D100, and treading on Pentax's toes.
Canon and Nikon are at war, there are rebates from nearly all the brands. The economic downturn means that Canon Nikon and Sony are suffering. Pentax needs to hunker down, and ride out the storm with lower collateral damage.
Canon and Nikon need to relinquish market share, and allow other manufacturers to survive the slower times. Canon and Nikon are far too aggressive and have too much market share, leaving companies like Pentax to slowly inch forward for fear of treading on the big guys toes. Me personally, I boycott Canon and Nikon and let the little companies gain my support.
Conclusion:
So Pentax and Ricoh will inch forward, and play it safe. Pentax has a heritage, and a tradition as a corporation or company, and is entitled to a market share. What I'm trying to say here is, is that companies have to be careful not to steal away customers from larger companies. The larger companies can do a hostile take-over and shut the doors of Pentax if they pleased. Thats the operating environment for Pentax. As an example, I have no doubt that Pentax could develop a top notch sports auto focus system, and lenses. But, they'd be encroaching on a much larger company and stealing its business. Then that would lead to a corporate war.
What Pentax needs to do:
Fix the lens range for K-mount with HD coatings, and restyle some of the lenses.
(Thats my two cents, and that was more than what you asked for !

)
Interesting. Few comments:
1. Pentax doesn't make sensors. Whatever Sony, Toshiba, Samsung etc. produce is what Pentax can use. If they make big advances, and are willing to share them, Pentax will. If not, then not. Also, Sony and Toshiba share resources AFAIK, so a Sony sensor may come out of a Toshiba factory and vice versa.
2. Bad, bad idea. If you mean overall getting rid of them. If you mean getting rid of the K-50 and K-500... still bad idea, why would they? The K-S1 seems to be an addition to those cameras, not a replacement.
To me personally the number of MP does not matter at all... the fewer the better. I'd be the happiest at around 12 MP.
Ricoh:
No one is entitled to marketshare. Nokia thought they were, now they are only a part of Microsoft. RIM thought they were, now they are nearly bankrupt. Palm thought they were, now all that is left of Palm is a part of LG that develops the software for the Smart UI part of LG TVs.
Fujifilm:
They are doing well. Basically you are getting Leica cameras for a fraction of the cost. Those two brands are the only ones that can IMHO ignore video. I don't see _ANYTHING_ from _ANY_ competitor that even tries to compete with Fujifilm, so they should be safe. Only Sigma is sort of trying, with extremely weird cameras. Not sure why they even bother.
Canon:
Dying. They haven't had a proper new sensor in 6 years, except for what they are using in the 70D, and that's all focused towards video. They do want to sell their extremely profitable cinema line of cameras (same body, mostly the same internals, but sold at something like 2-4x the price. You can't tell me the camera is so much more expensive to make). Regular DSLRs are thus very limited in terms of video, all they sell on is that people simply have a lot of Canon glass, and that there is a hacked firmware that gives their regular cameras pretty amazing capabilities (showing that it's all in the software...). At some point users will give up though and switch brands, as many already have. The Cine line of cameras start at nearly 5 digit figures (and not really competitive) and are thus not really what normal people would buy.
Nikon:
Offering the bare minimum in terms of video, just like with Canon people are leaving this brand. There is a reason why they are giving massive rebates.
Pentax:
Offering less than the bare minimum in terms of video. Good stills... everyone can do that. Heck, if light is good enough my smartphone takes good enough stills (raw mode). At the moment Pentax only appeals to people without any interest in video, who are interested in outdoor activities, and start fresh (otherwise I don't think what Pentax offers is enough to draw attention).
Much more interesting though are...
Sony:
They are killing it IMHO. Very attractive cameras, and a brand that actually has balls and dares to think outside of the box. Very innovative, and very nice products. They have a professional cinema line of cameras but are yet not too afraid of giving much of their capabilities to their lesser cameras. They have a great codec in their cameras (thanks to the pretty good BIONZ X processor), only heat (and I guess market placement) problems restrict them from giving 4K with a reasonably space saving codec on all their cameras). These days I'm seeing more Sony cameras on the road than Pentax cameras. That should worry Pentax.
Samsung:
If Samsung thinks a market is lucrative, they will own it. Samsung thought... TVs... that's a nice business. They have a huge market share now. Around 5-7 years ago Samsung got serious about phones... now they have like, 80% of the market? 20% goes to Apple, and the rest is split up amongst the rest. (The numbers have changed a bit, but that's more or less it). The NX-1 to me is a sign that they are dead serious. It has a sensor that offers high resolutions without giving up low light capabilities, and it seems to have one of the most advanced processors found in a camera these days (apart from the new Lytro). If I didn't have a Pentax already, I would probably buy a NX-1, if it is anywhere near as good as it seems to be.
Panasonic:
Again, a professional video company that is not afraid to give more than they have to to regular consumers. The GH4 is extremely attractively priced, and it shows. Panasonic can't make them fast enough, they had to double production capacities! And no one is interested in video, yeah, right. The only let down is the smallish sensor.
Olympus:
Until recently they said they are focused on photography, buy Panasonic for video. Well, I guess that's what people have done, and Olympus must have noticed. Sales of their cameras doesn't seem as good as Panasonic's I guess, and so they are reorienting now, handing Olympus cameras with beta firmwares to people working in Hollywood, getting feedback. Maybe the rumored 4K firmware update isn't ready for primetime yet, maybe they can't do it with the hardware they have right now. We'll see. But they are working on it, that much seems clear, they are investing resources and want to produce kick-ass video gear. Because that is what sells cameras these days?
IMHO Sony, Panasonic, Samsung and perhaps Olympus will be owning the camera market down the road, while Canon, Nikon and Pentax will at best be at the position Pentax is now. They are the Nokia, RIM and Palm of the camera world. And Microsoft too, the only reason why Microsoft has survived is because they are that big... Windows Mobile was pretty important, but instead of going with the times they stuck to the past, until it was too late. They think all that people want is stills (well, Canon and Nikon seem to have realized that's not true, but they are unwilling or unable to offer more). Pentax as usual is oblivious to the professional market (the one between amateurs and high end fashion/product etc. photography where you'd hire separate people to handle stills and video), so I guess they are the first to die, especially given their current position.
Hostile takeover? Really? Sony is massive. No one can easily take them over. Canon is relatively big. Samsung is huuuuuuuuge. Ricoh is IIRC almost as big as Canon. Who would be able to take over Ricoh? Pentax can pee all over Canikon... Sony, Samsung though might be a different story because they depend on them for sensors.