|Bid||28.26 x 2200|
|Ask||0.00 x 900|
|Day's Range||31.65 - 31.78|
|52 Week Range||30.14 - 40.67|
|PE Ratio (TTM)||14.93|
|Forward Dividend & Yield||1.52 (5.00%)|
|1y Target Est||N/A|
Earlier this week, Canon unveiled one of the most critical products in its history: the full-frame mirrorless EOS R. On paper, it had a lot going for it, like an all-new mount that will allow for superior lens designs, excellent handling and a much-improved Dual Pixel autofocus system. There was also some not-so-good, like the cropped 4K and lack of in-body stabilization.
GoPro (GPRO) does its manufacturing in China. Although the company hasn’t been hit by President Donald Trump’s tariffs targeting imports from China, it’s exploring the possibility of moving its manufacturing out of China. Tariffs like the ones the Trump administration has imposed on Chinese goods have the effect of making imports from China more expensive when they arrive in the United States.
Canon and Nikon protected their DSLR turf as long as possible, but Sony has been killing them lately with its mirrorless range. Nikon finally jumped into the fray by launching the Z6 and Z7 models, and today, Canon unveiled the $2,299 EOS R, a 30.3-megapixel video-centric full-frame mirrorless camera. It also introduced a new lens mount, Canon RX, along with four lenses, including three interesting high-end "L" models.
Canon Inc. is finally entering the full-frame mirrorless camera market, joining Sony Corp. and Nikon Corp. in a new battleground for professional-grade camera equipment. Canon is the last major manufacturer to offer a mirrorless camera that’s aimed at pros. Sony took the lead in the market with devices equipped with sensors that’re better at grabbing more light, making it easier for photographers to shoot crisper images of fast-moving objects.
You don't have to wonder how Canon will respond to Nikon's Z-series mirrorless cameras (and by extension Sony) -- many of the details now appear to be out in the open. Nokishita and Canon Rumors have posted leaked details of the EOS R, a 30.3-megapixel full-frame cam that would primarily compete with the Nikon Z6 and Sony's A7 III. For one, the EOS R appears to have a horizontal-swivel touchscreen -- unlike its Nikon and Sony counterparts, this might work for video blogging.
Nikon Corp. unveiled its first full-frame mirrorless cameras, seeking to make up lost ground against Sony Corp. in the professional photography market. The new Nikon Z7 and Z6 devices will feature new lenses and lens mount, and will be lighter than the current pro-grade cameras, the company said. “We will deliver new value to the mirrorless market,” Nikon President Kazuo Ushida said at a media conference in Tokyo on Thursday.
GoPro (GPRO) is planning to launch three new cheaper cameras for the holiday season, which is usually its strongest period of the year. The company has been selling a low-priced camera model since early this year, and it hasn’t seen cheaper cameras turn customers away from its premium products, so it’s confident in releasing these lower-cost cameras. GoPro CEO Nicholas Woodman has said that there is strong demand for GoPro products at the right price.
At the start of the second quarter, Snap (SNAP) released an improved version of its Spectacles devices. Spectacles are camera-equipped sunglasses designed for hands-free quick video capture. Last month, Snap released an update that allows people to share their Spectacles clips—not just on Snapchat but across the web, opening a competitive front with action camera maker GoPro (GPRO).
On a per-share basis, the Tokyo-based company said it had profit of 65 cents. The office machine company posted revenue of $9.07 billion in the period. Canon shares have dropped 14 percent since the beginning ...
Japan's Canon Inc lowered its full-year profit outlook on Thursday, citing slower demand for flat panel-making equipment, even as it posted a rise in second-quarter earnings. "Display manufacturers have postponed their investment in OLED (organic light emitting diode) screens as the OLED investment boom has temporarily slowed down," Chief Financial Officer Toshizo Tanaka said at an earnings briefing. The revision comes as slower-than-expected sales of OLED smartphones, including Apple Inc's high-end iPhone X, have made Samsung Electronics Co Ltd and other panel manufacturers cautious about fresh OLED investment.
Imagine a world in which businesses could combine sales data with video to analyze foot traffic and consumer sentiment. Built on the intellectual property, technology and expertise of Canon (NYSE: CAJ) company Milestone Systems, Arcules aggregates and analyzes video surveillance and internet-of-things (IoT) sensor data, identifies trends in that data, and applies predictive analysis to help businesses optimize operations and improve safety.
Mark this date on your calendar. It’s the end of yet another tech era. Though, granted, this one’s been been death rattling for nearly a decade now. Canon this week announced with no fanfare that it’s sold its last film camera.
HP Inc. (HPQ) intends to expand its current restructuring program driven by synergies in its Print segment coupled with its acquisition of Samsung’s (SSNLF) print business in November 2017. HP expects its restructuring costs to rise between $150 million and $200 million in fiscal 2018.
HP Inc.’s (HPQ) Printing segment generated revenue of $5.2 billion in fiscal Q2 2018. Its revenue rose 11% YoY (year-over-year) and 9% on a constant currency basis. The company achieved revenue growth in hardware and supplies as well as in strategic areas such as A3, graphics, and managed print services.
The well-known electronics and office equipment name serves as a fantastic weather vane for a couple of important investing sectors.
In September 2016, HP (HPQ) announced its intention to acquire Samsung’s (SSNLF) Printing business for $1.1 billion. This acquisition was completed in November 2017. While the acquisition should help HP gain traction in the A3 space, the company expects short-term headwinds to reduce its installed base.