Stock falls 15%. Changes coming. Looks like there won't be a 100th birthday party.
http://www.nikon.com/about/ir/ir_library/result/pdf/2017/20170213_e.pdf
http://www.nikon.com/about/ir/ir_library/result/pdf/2017/20170213_e.pdf
Nikon has a horrendous year.
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Excellent analysis by Tony Northrup here:
Smartphones have turned photography upside down. Most people can take better shots with the camera in their pocket than 10k worth of complicated and heavy equipment carried around in an a bag or backpack. The entire world is moving towards video and drones. The concept of selling a framed print for someone to hang on their wall is beginning to seem like a quaint concept from a bygone era.
Smartphones have turned photography upside down. Most people can take better shots with the camera in their pocket than 10k worth of complicated and heavy equipment carried around in an a bag or backpack. The entire world is moving towards video and drones. The concept of selling a framed print for someone to hang on their wall is beginning to seem like a quaint concept from a bygone era.