Canon Q3 operating profit in the imaging business drops 56,8% compared to last year!
Canon published the Q3 financial results and damn they are bleeding out :(
Compared to Q3 2018 their net profit dropped by 56,8%! Sales dropped by 13,9%. They now changed the 2019 sales forecast and expect full year profit to drop by 59,9%. Honestly I didn’t expect that and it looks like Canon and Olympus are doing worse than other camera companies now…