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Photography Photography - Canon 5D Mark II

Canon Camera Sales Revenues Decline 28% in 4Q2008

Amateur Photographer reports on Canon’s 2008 financial results – its camera division reported a 28% decline in fourth quarter sales in 2008 vs. 2007. I’ve certainly been doing my part (!) – like acquiring my new Canon EOS 5D Mark II (actually purchased in the first quarter of 2009)!

Most high-end retailers have also been reporting fourth quarter sales declines in the 20-30+ percent range – it’s ugly at the upper end of the market for almost anything considered a luxury.

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