Reports coming from Japan seem to be bad for Digital Camera sales worldwide. Canon, Olympus, Ricoh and Nikon sales have plummeted at the expense of Smartphones, which now have, on the whole, excellent cameras built-in.
When we look back to how the digital camera sent the camera film to the grave, it’s now the digital camera that’s under threat, from the Smartphone. How things have changed.
Consumers are using their Smartphone cameras more and more as social media apps let users import pictures straight onto the internet. So consumers are not looking or dare I say it thinking, of buying Digital Cameras.
Samsung seems to be bucking the trend with its Galaxy WiFi Camera although, the sales are not as high as Samsung would have hoped for but, still substantial. It is also ironic that Sony’s Xperia Smartphone seems to be contributing to its own dismal camera sales.
One company that is heading very close to bankruptcy is Sharp with losses of 645 billion yen. News comes that Apple who have Sharp manufacturing parts of the iTV product line, are alarmed that Samsung with its Sharp/Samsung equity tie-up could see the possible loss of intellectual property to Samsung who have a 3% equity share in Sharp. Making Samsung, Sharps fifth largest shareholder.
Do use a Digital Camera as much as you use to, or, do you use your Smartphone more for taking pictures,let us know.