Canon’s second quarter profits dip 20 percent amid supply constraints, strong yen

Canon had some good news and some bad (but not unexpected) news in its second quarter earnings released today. On the upside, the company has raised its profit outlook for the rest of the year, and says that the recovery from the earthquake that forced it to halt camera production has been “quicker than expected.” That halt to production did take a considerable toll on the company, however, and contributed to a 20 percent drop in net profits to ¥53.86 billion, or $685.7 million, compared to a year ago — a figure that was compounded by a strong yen that further cut into its earnings overseas. That revised profit outlook comes in part from an updated shipment forecast for interchangeable lens cameras — it now expects to ship 7.3 million instead of seven million, although its forecast for compact cameras remains unchanged at 20 million. Could that also include a few mirrorless models? Perhaps, although all indications are than an actual release will have to wait until sometime next year.

Canon’s second quarter profits dip 20 percent amid supply constraints, strong yen originally appeared on Engadget on Mon, 25 Jul 2011 15:11:00 EDT. Please see our terms for use of feeds.

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LockCircle, a $100 Body Cap for Canon

$100 for a camera body cap. Need we say more?

Is there any part of a camera system that can’t be gussied up and sold for a huge markup? Of course not. And today we have the latest candidate for the cash of over-monied photographers: the $100 body-cap for Canon SLRs.

The cap, called the LockCircle, is a circular chunk of aluminum which twists snugly into the open lens mount of any Canon EF-mount SLR. In this manner it mimics exactly the function of the free plastic cap that came with the camera.

But that’s not all. The LockCircle comes in three finishes: titanium, black or clear, and its knurled and dimpled styling makes your camera look like an old-fashioned dial telephone.

I kid. There is a serious purpose for this over-engineered chunk of metal. Those knurls and dimples, along with its deep profile, mean you can screw and unscrew the thing with gloves on. Supposedly the cap protects the interior of the camera from dust and rain in fierce weather.

You can see the problems immediately, right? First, you may be able to change the lens while wearing gloves (assuming you can get the cheap plastic rear cap off the lens itself), but you won’t actually be able to operate the camera. Second, if the weather is so extreme that you can’t take off your gloves for a few seconds, then it’s probably not a good idea to open up your weather-sealed camera to the elements, letting the grit and rain blow in onto the sensor.

Third, it costs $100. That’s enough to buy you a second-hand 50mm lens. Why not just use that as a body-cap. A body cap that you can use to take a photo instantly, instead of after a cap-and-lens-juggling struggle?

I’m sure there’s somebody reading this who still wants one. the link is below. I hope you enjoy it. You can keep it next to your Titanium Leica M9 (just $29,000).

LockCircle [LockCircle via PetaPixel]

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Plush camera lens pillows get you through the night, koala hug approved

Here’s something you can curl up with after those long winter… photoshoots? Straight out of the there’s something for everyone department comes a trio of plush toy camera lenses — in Nikon 35mm, Canon 50mm and 24-105mm varieties — for even the most discerning leisure connoisseur. These hand-crafted part fleece, part felt creations are the fruits of Plushtography’s shutterbug-obsessed labor and come “pre-hugged by a team of koalas to ensure maximum huggability” — we guess Olivia Newton-John was busy. The pillows range from amateur to expert, in keeping with their lens type and could lighten your wallet to the tune of $35 – $65 smackeroos. These lenses won’t imbue you with any magical pro-photographic skill, but they should prove to be an interesting bedroom conversation piece.

Plush camera lens pillows get you through the night, koala hug approved originally appeared on Engadget on Thu, 07 Jul 2011 05:05:00 EDT. Please see our terms for use of feeds.

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Canon restores camera production in Japan, hints at mirrorless model in 2012


There’s no question that Canon and Nikon still dominate the interchangeable lens camera (ILC) market, but with Olympus, Panasonic, Sony, and now Pentax all launching compact, inexpensive, mirrorless models in recent years, the legacy manufacturers have some catching up to do. In an interview confirming the restoration of pre-quake production levels in Japan, Canon camera division head Masaya Maeda told Reuters that the company is “considering the technical aspects” of creating a mirrorless camera, following up by saying “we will launch an interesting product next year.” The comment doesn’t exactly make a mirrorless Canon a sure thing, but it’s as solid a commitment as we can expect for now.

One possible concern for Canon is that entry into the new ILC category would cannibalize the company’s higher-end point-and-shoot offerings, which likely offer higher margins. But if mirrorless models gain market share over traditional DSLRs and Canon doesn’t have its own cam to match, the company could find itself racing to catch up, rather than dominating the ILC category as it has done in the past. Competition from Canon isn’t likely to start a price war, since there isn’t much elasticity at this point, but it could put pressure on other manufacturers to push the limits with image quality, accessory selection, and perhaps even lead to a future lens standard — though we’re probably more likely to see a Pentax Q that can actually capture DSLR-quality images far before manufacturers decide to adopt a universal lens mount.

Canon restores camera production in Japan, hints at mirrorless model in 2012 originally appeared on Engadget on Tue, 05 Jul 2011 11:01:00 EDT. Please see our terms for use of feeds.

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Canon 18-55mm lens torn open to expose visuals of Image Stabilization (video)

Canon 18-55mm lens torn open to expose visuals of Image Stabilization
Hey there, snap-shooter. If you’ve ever used a Canon DSLR with an 18-55mm lens, you may be horrified to know that the image above is its exposed lens elements. Don’t worry, though, it’s for science! Recently, Preston Scott from Camera Technica used a laser to show how unsteady your hands are when taking a photograph; now he’s back to detail how lenses with Image Stabilization compensate to help in achieving crisper images. IS isn’t exactly new technology, but seeing how the glass’ internal springs, accelerometers, and gyroscopes react to movement is mesmerizing. Not surprisingly, he also found that photos taken with IS deactivated were usually less sharp. You’ll find a steady video of the action past the break, as well a detailed breakdown by hitting the source link below.

Continue reading Canon 18-55mm lens torn open to expose visuals of Image Stabilization (video)

Canon 18-55mm lens torn open to expose visuals of Image Stabilization (video) originally appeared on Engadget on Sat, 25 Jun 2011 11:06:00 EDT. Please see our terms for use of feeds.

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Camera-equipped hexacopter turns summer vacation videos into aerial masterworks (video)

Camera-equipped hexacopter turns summer vacation videos into aerial masterworks (video)

Wakeboarding is so 2005. Wakeboarding with a camera-packing six-rotor MikroKopter tracking your every jump and belly flop? Now that sounds like something we can get behind. The folks over at MikroKopter have renewed our interest in the sport by mounting a FollowMe transmitter (which lets the drone track your every move), along with a GoPro camera to one watersportsman’s helmet. They then sent a hexacopter drone, equipped with a Canon T2i, into the air to follow the boarder as he rode across the water. The resulting video definitely puts any and all of our family vacation videos to shame. High-flying video evidence awaits you after the break.

Continue reading Camera-equipped hexacopter turns summer vacation videos into aerial masterworks (video)

Camera-equipped hexacopter turns summer vacation videos into aerial masterworks (video) originally appeared on Engadget on Fri, 24 Jun 2011 23:57:00 EDT. Please see our terms for use of feeds.

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Canon takes a cue from Pentax, starts selling the T3 in assorted colors

Well, looky here, Canon just let its hair down. The company was clearly in an experimental mood, and got the harebrained idea that consumers just might snap up red and brown DSLRs the way they do its candy-colored point-and-shoots. The outfit’s now selling its beginner-friendly EOS Rebel T3 in red, brown, and metallic gray — all in addition to your garden-variety black, of course. Sure, that’s tame by Pentax’s wacky standards, but for Canon it’s pretty… outlandish. Since the camera went on sale this spring, its price has dropped from $599 to a promotional $549 for the kit, which includes an EF-S 18-55mm f/3.5-5.6 zoom II lens. As for the body, if you’ll recall, it has a 12.2 megapixel sensor that records 720p video (a rarity for an entry-level model), a nine-point autofocus system, ISO 100 to 6,400, and a 63-zone dual-metering system. Novices who just want to be different can, as always, hit up the source link for more info.

Canon takes a cue from Pentax, starts selling the T3 in assorted colors originally appeared on Engadget on Mon, 20 Jun 2011 17:09:00 EDT. Please see our terms for use of feeds.

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111 Scenes that Lasted 1/1000 of a Second

Every image in this collection was captured in 1/1000 of a second—300x faster than a human blink—the briefest of moments that we would miss if not for the remarkable capabilities of the modern camera. More »

Aged to Perfection: Years-Old Gadgets Worn Smooth

Remy Labesque’s old gadgets have aged like antique leather. Photos Remy Labesque

What happens if you actually keep and use your gadgets for more than a year, something that seems increasingly gauche in these days of incessant updates and upgrades? You end up with something worn to a beautiful and unique finish.

This first-gen iPhone is three years old, and the Canon Sureshot camera has seven years on the clock. Both belonged to Remy Labesque, and have finally been recycled after long and faithful service. They’re beautiful.

Well, the iPhone is beautiful. As Remy says, “the Canon camera’s shell looks like garbage while the iPhone’s is starting to resemble something more like an heirloom pocket watch.”

The aluminum has certainly worn better than the plastic, the edges buffed and worn shiny by use, but the camera has its charms, too. In fact, the Sureshot was still going strong. It was only euthanized because it used film.

The irony here is our devices are ditched not because they are broken — today’s hardware seems to be made to last — it’s that the software or capabilities quickly become obsolete. Did I need to swap my iPad for an iPad 2? Of course not. Was I hypnotized by the shiny baubles that are the Smart Cover, a crappy camera and a new, thin, light case? I’m ashamed to admit I was.

Aged to Perfection [Design Mind via TUAW]

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