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Sony and Sanyo lower projections of Digital Camera Sales


Reuters reports that Sony have lowered their estimated earnings for this business year:

'Sony Corp. lowered its forecast on Thursday for digital camera sales in the business year to March 31 to 14 million units, compared with its previous estimate of 15 million.'

Read more at Sony cuts digital camera sales target for 04/05

Similarly Forbes is reporting that Sanyo is expected to lower its projections for the production of digital cameras in the months ahead:

'Japan's Sanyo Electric Co. is set to lose its position as the world's top digital camera maker, with its fiscal 2004 output seen falling short of the current target figure by two million units, Jiji Press learned Wednesday.

Sanyo is expected to lower its digital camera production projection for the year to March to 12 million units from the current estimate of 14 million units, a downward-revised target set in October, informed sources said.

The company is now likely to fall behind Sony Corp. and Canon Inc. on the global output ranking.'

Read more at Sanyo Set to Lose Position As No. 1 Digital Cameral Maker







Posted by Darren in our News category on January 28, 2005