Source: Om
This is both expected and yet still startling. Here is Om:
Camera sales are continuing to falling off a cliff. The latest data from the Camera & Imaging Products Association (CIPA) shows them in a swoon befitting a Bollywood roadside Romeo. All four big camera brands — Sony, Fuji, Canon, and Nikon — are reposting rapid declines. And it is not just the point and shoot cameras whose sales are collapsing. We also see sales of higher-end DSLR cameras stall. And — wait for it — even mirrorless cameras, which were supposed to be a panacea for all that ails the camera business, are heading south.
Astonishing . , .
Source: Om
