Originally posted by Paul the Sunman
I wonder how their books are looking at the moment?
Certainly, pre-covid, Paul, the only camera manufacturer we know about that actually increased sales last year.
Shows they must have the right portfolio, with the release of the Ricoh GR III, that dual sensor Theta and the DSLRs.
And the board will have asked the president, show us your spreadsheet models of mirrorless vs mirrored, domestic vs foreign, what the rivals are doing, etc before agreeing. There will have even been (sometimes a standard procedure), a SWOT guy on the board, a devil's advocate, who asks, 'Why shouldn't we just bail from consumer cameras?'
So perhaps all these companies losing money should actually ask, "How can we be more like Pentax?"
And maybe they are. Charging more and more for cameras and lenses, seemingly ignoring the bottom end and newbies. Severing ties with the doomed bricks and mortar retailers. Selling off factories, laying off employees, realizing most marketing dollars are completely wasted, releasing lots of cameras and lenses that will take years to make a return on investment (how many of the new Olympus 100-400 will sell now?). They're doing now what Ricoh did before it got this bad!
Figures courtesy of the great Mistral75: