Originally posted by Kunzite What are you talking about? Pentax is still making DSLR products.
No. Hoya and now Ricoh are making DSLR products. Hoya bought out Pentax for their medical division, kept the photo unit in business until they could find a seller and then they passed it on to Ricoh. Pentax is now just a brand used by Ricoh, the same way that Voigtlander is a brand owned by Cosina. Do you understand the difference between a brand and a company?
Originally posted by Kunzite Not because of their cameras not being better/smaller/cheaper? Not because attempting a pro system with the smallest sensor? How would a FT consortium (which existed, by the way, except that only Olympus made final products) have solved such issues?
Canon, Nikon, Pentax were alone as well. Pentax even started in DSLRs after Olympus E1, and put much less effort into it; yet they didn't fail.
What? Bringing up Four-Thirds does not help your argument and makes Pentax looks worse than a failure. Let's revisit the history.
Unlike Pentax which had a headstart dating from 1975 with their K mount, Olympus introduced their FT system in 2003.
By 2008, when Micro Four Thirds debuted with the Panasonic G1, Olympus was ahead of Pentax in DSLR market share in Japan. They had
3.8% vs Pentax's
1.6%. More than double! And they started from scratch with no existing user base that had a nostalgic investment in their mount.
If FT failed, what can we say about Pentax? That they were an abject failure?
Of important note, at the time of the above statistic, Panasonic's first foray into MFT already gave them
1.4% of that market. A first time entry from an electronic company with no history in photographic business was already getting a market share comparable to that of the historic company that practically launched the SLR market in Japan! Is that something or what?
It was in 2009 that Olympus introduced their first MFT camera, the E-P1 - note that it was Panasonic that kickstarted the system, not Olympus, so the Olympus market share in 2008 was strictly based on their DSLR technology. And in case you wonder if the Olympus lead held only in Japan or it applied internationally as well - well,
it did.
Did Olympus fail with FT? They didn't take over the world, but they didn't fail either. They actually built a market from scratch, which is no small feat. And FT made sense at the time it was introduced. Olympus had produced two historical film camera lines: the Pen, which was a half-35mm format, and the OM which was the smallest 35mm SLR system - it was introduced in 1971 and had most likely inspired the Pentax MX (1976) and the M line of lenses with their emphasis on small form. With this history, it was natural for Olympus to look at producing another small system in the digital age. And with technology being what it was in 2003, this took the form of a FT DSLR.
The FT DSLRs did quite well, better than Pentax ones at any rate, but to their credit and in a move that Pentax never did (nor will they ever have a chance of doing now), they introduced a totally new system - MFT - and slowed down their development for their existing DSLR market (last model was E-5 in 2010), to focus on this new one. That took guts and only one other company had the guts to switch directions like this: Canon with their move away from FD, which got them to where they are now. And switching to MFT in 2008-2009 was the smart thing to do. Olympus realized that technology had come together to allow them to build a much better system than FT and they went for it. And it paid for both them and Panasonic.
So, Olympus, which had a larger market share than Pentax, had little hesitation about launching a new mount and restarting their game. And it seems to have worked very well - they have more customers for MFT than they had for FT, which means they have even more customers than Pentax has. To be fair, they also have an advantage that Pentax doesn't - they have designed their FT system from scratch as a digital era mount so when they introduced their MFT mount, they could also easily provide compatibility with their existing line of lenses. Not perfect compatibility in terms of AF performance, but functional compatibility nevertheless. You could even say that having a history like Pentax had is more of a liability than an actual advantage.
So what can we learn from Olympus? We can learn that they succeeded twice (four times if we include their film camera lines) at starting from scratch and building a business. We can also learn that introducing a new mount to replace an old one is not as outrageous an idea as some people make it to be - it worked for Canon and it worked for Olympus as well.
Meanwhile, Pentax had catered to their old declining customer base and that only led to their ultimate dismissal as a company. They were afraid to lose their customers but they lost them anyway. And then they lost themselves too. Sad story, but they deserved it.
Now it's up to Ricoh. And I have hope for Ricoh because they were bold with the GXR. I wasn't particularly interested in it, but putting out a system like that was definitely bold. And what Pentax lacked was the boldness to get out of its comfort zone of making and refining the same old thing. Hearing that Ricoh was kind of letting Pentax control the camera business is a bit scary, but I still have some hope. Once Ricoh shows their cards, I'll know if there is anything that I can look forward to from them or not.