Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen

Nikons 2013 Q1 $201 million in profit down nearly 50 percent from last year

Nikon’s odd financial calendar means that the camera maker is announcing its first quarter results for 2013. The confusingly-dated documents show that it isn’t having the best Spring / Summer, since while it pulled in a net profit of $201 million, that figure is down nearly 50 percent on the $392 million it made in the same period last year. It sold a record number of interchangeable-lens cameras, lenses and a good number of compact cameras, but that was offset against the high cost of the yen.

Its other businesses, Precision Equipment and Instruments both suffered thanks to Government spending cuts, a “harsh business climate” and the now age-old problem of the high exchange rate. It’s expecting the situation to remain the same in the next three months, with booming camera sales weight against losses in its other businesses — with a projected profit of $143 million anticipated in Q3.

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Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen originally appeared on Engadget on Wed, 08 Aug 2012 06:47:00 EDT. Please see our terms for use of feeds.

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Canon EOS 7D v2 firmware tested: increases burst capacity, gives manual audio control

Canon EOS 7D v2 firmware tested increases burst capacity, gives manual audio control

You don’t get to unbox anything or have that new-camera smell, so how much does the Canon 7D v2 firmware really transform the now three year-old model? The answer depends a bit on what you do with it, but for most users the Japanese maker deserves kudos from bringing new functionality to the model. Two changes stand out in particular, the first being a bump in the number of burst RAW images from 15 to 25, a boon for action shooters. The other biggie is manual audio level adjustment, saving videographers from the whims of automatic audio levels. Other tweaks include in-camera rating, resizing and editing of images; a max auto ISO setting; GPS compatibility; file name customization; time zone settings; and faster magnification scrolling and control screen adjustment during playback.

To test the burst and audio functions, we got our own mitts on the firmware. Prior to updating, we put the rapid-fire 8 fps camera it through the wringer and grabbed about 16-18 RAW frames in a burst. With the v2 firmware we caught exactly 25 frames before it halted, and did it again numerous times with only an occasional stutter. As for audio, the new manual setting is still a far cry from dedicated sound level dials — on the 7D you’ll need to preset the audio before filming, and are stuck with that level until you hit ‘stop’ again. Still, it beats the previous automatic way, which was so unusable that it forced many pros into buying external audio recorders to get anything decent. A quick test confirmed the new adjustment worked well, giving usable audio in most conditions with both internal and external mics while requiring just a little fiddling beforehand to set levels.

While hardly turning your 2009-era beast into an all-new DSLR, the new functionality brings the software in line with newer models, and still keeps the 7D near the top of the APS-C heap in many categories. Swapping out the sensor would be the only way to bump the one area where it now lags, low-light performance — but you can’t expect everything from a $1,500 shooter.

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Canon EOS 7D v2 firmware tested: increases burst capacity, gives manual audio control originally appeared on Engadget on Tue, 07 Aug 2012 15:31:00 EDT. Please see our terms for use of feeds.

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Embracing geotagging: how to journal your trips (and contribute to Google Earth) with snapshots

Embracing geotagging how to journal your trips and contribute to Google Earth with snapshots

Geotagging. It’s not exactly a long, lost art, but it’s certainly not something most folks bother to do after a trip. Avid travelers, hikers and the general outdoorsy crowd have been embracing the feature for years, though, and it’s actually seeping into the mainstream without most individuals even noticing. How so? Smartphones. Given the proliferation of iPhones, Android handsets and Windows Phone devices making their way onto the market — coupled with the explosive use of geo-minded social networks like Path, Instagram and Foursquare — an entire generation is now growing up in a geotagged world. Phone users have it easy; so long as there’s a data connection and an embedded GPS module (commonplace in modern mobile devices), there lies the ability to upload a photo with a patch of metadata embedded. Snap a shot at a national park, upload it, and just like that, viewers and friends from around the world now have an idea as to what a specific place on the Earth looks like.

For travel hounds like myself, that’s insanely powerful. I’m the kind of person that’ll spend hours lost in Google Earth, spinning the globe around and discovering all-new (to me, at least) locales thanks to the magic of geotagging. It’s sort of the photographic equivalent to putting a face to a name. By stamping latitude, longitude, altitude and a specific time to any given JPEG, you’re able to not only show the world what you saw, but exactly when and where you saw it. It’s a magical combination, and with GPS modules finding their way into point-and-shoot cameras — not to mention external dongles like Solmeta’s magnificent N3 (our review here) — there’s plenty of opportunity to start adding location data to your photos. For more on the “Why would I want to?” and “How would I best display ’em?” inquiries, let’s meet up after the break.

Continue reading Embracing geotagging: how to journal your trips (and contribute to Google Earth) with snapshots

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Embracing geotagging: how to journal your trips (and contribute to Google Earth) with snapshots originally appeared on Engadget on Thu, 02 Aug 2012 12:11:00 EDT. Please see our terms for use of feeds.

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Canon reports higher profits, lower net income in Q2, points finger at pricey yen

Canon reports lower profits in Q2, points finger at pricey yen

Canon’s financial results for Q2 2012 reveal an operating profit 18 percent greater than the results from the same quarter last year. However, net income has dropped from 61.5 billion yen to 51.7 billion yen since last quarter. The company saw demand grow for its DSLRs, both professional and entry-level, while sales of point-and-shoots continued to contract. The ever-increasing value of the yen — and weakened demand in Europe — has put a dent in its important overseas sales — and profits. Perhaps the promise of Canon’s first mirrorless ILC later this year will be enough get wallets out in the euro zone.

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Canon reports higher profits, lower net income in Q2, points finger at pricey yen originally appeared on Engadget on Wed, 25 Jul 2012 03:12:00 EDT. Please see our terms for use of feeds.

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Canon: EOS M is our DSLR gateway drug

Canon aims to break open a new market with its newly-announced Canon EOS M, straddling the divide between the traditional EOS DSLR audience and those who have higher expectations than point-and-shoots. “Although there’s no question that this is an EOS camera” Canon UK’s David Parry told TechRadar, “it’s targeted at people who are not traditionally an EOS camera customer.” The new model is Canon’s first mirrorless interchangeable lens camera.

Although the target segment might be new, that doesn’t mean Canon isn’t clear on who, exactly, it comprises. The EOS M is ”for people who are interested in photography and want to take better images, but don’t know, or don’t want to know about shutter speeds, aperture and so on” Parry explained.

For that audience, Canon has borrowed liberally from smartphone and tablet UIs, introducing pinch-zoom and swiping gestures to the EOS M’s 3-inch touchscreen LCD. It also offers a Scene Intelligent Auto mode which basically takes the thought out of all shooting scenarios.

However, while the EOS M might end up stuck in automatic mode more often than not, it’s not to say that the camera can’t manage more flexibility. There’s full control over the hybrid AF system and a native ISO range of 100-12,800 (extendable to 25,600), while the stereo microphone has 64-step user-adjustable audio to go with its 1080p Full HD video recording.

If those photography-keen but tech-shy buyers want to get their hands on the EOS M when it hits shelves in October, they might want to order sooner rather than later, though. Retailers are already warning that Canon’s first wave of stock is unlikely to satisfy even pre-orders, never mind those who decide they want the mirrorless camera at the last-minute.


Canon: EOS M is our DSLR gateway drug is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.


Insert Coin: Radian lets you use your camera, iPhone and Android device for time lapse projects (video)

In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you’d like to pitch a project, please send us a tip with “Insert Coin” as the subject line.

Insert Coin Radian lets you use your camera, iPhone and Android device for time lapse projects

We’ve seen our fair share of time lapse tools at Insert Coin, ranging from last year’s Triggertrap to the more recent Timelapse+ and Genie rig. Now we’re throwing in another Kickstarter project into the mix, a motion time-lapse gadget called the Radian. Shaped like an oversized hockey puck, the Radian works with any camera that has a trigger-release input and can be used with or without a tripod. The device can be programmed through either an Android or iPhone app and lets you disconnect your smartphone once you’ve got your settings dialed in. Otherwise, you can use the Radian to take time-lapse photography with your iPhone or Android smartphone as well. A pledge of $150 gets you the standard Radian, while ponying up extra moolah nabs you a charcoal-colored variant as well as other goodies. If successful, delivery is slated for January. For more details, check out the video and source link after the break.

Continue reading Insert Coin: Radian lets you use your camera, iPhone and Android device for time lapse projects (video)

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Insert Coin: Radian lets you use your camera, iPhone and Android device for time lapse projects (video) originally appeared on Engadget on Sun, 22 Jul 2012 16:16:00 EDT. Please see our terms for use of feeds.

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Phocus iPhone Case Lets You Use Your DSLR Lenses, Taking iPhonetography to the Max

There are cases that allow you to use additional lenses for your iPhone, but the Phocus case goes one step beyond those. It will let you use your DSLR lenses, either Canon or Nikon, to get the best picture possible. However, your iPhone might no longer be as compact as you would have liked.

phocus iphone case dslr lens

The Phocus iPhone case does a good job of using your existing lenses, especially if you’ve already got a DSLR. The case might be best suited for photographers trying to get the most out of their iPhone, and who want to mount their smartphone on a tripod. Watch out if you’ve got big telephoto lenses though, it could get quite bulky.

phocus iphone case dslr lens front

The Phocus case comes in two packages, one that sells for $99.95(USD) that comes with two extra lenses and one that sells for $134.95 that comes with three. You’ll have to spend extra to get the Canon or Nikon lens adapters, which sell for $220 and $245 respectively, so it can add up really quickly.

phocus iphone case dslr lens back

If you’re going to spend this much money and carry around giant lenses anyhow, it makes me wonder why you don’t just use your DSLR itself.

phocus iphone case dslr lens tripod

[via Ubergizmo]


Nikon recalls battery packs sold with D800 and D7000 DSLRs due to burn hazard

Nikon recalls battery packs sold with D800 and D7000 DSLRs

Some important news for anyone who bought a Nikon D800 or D7000 DSLR earlier this year. The US Consumer Product Safety Commission and Health Canada announced today that the battery packs sold with the cameras are part of a voluntary recall due to a potential burn hazard. While there’s been no injuries reported, Nikon says it has received seven reports outside of North America of the battery packs overheating, which can cause them to melt and pose a risk to users. The recall encompasses 5,100 batteries in the US (sold in March and April) and 1,100 in Canada (sold in February and March), plus an additional 195,000 battery packs worldwide. Those with one of the battery packs in question are advised to remove it from their camera and contact Nikon directly for a free replacement. Complete details can be found at the source link below.

Update: As some have pointed out in comments, Nikon first initiated this recall itself in April, but it has just now risen to the level of the CPSC and Health Canada.

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Nikon recalls battery packs sold with D800 and D7000 DSLRs due to burn hazard originally appeared on Engadget on Wed, 11 Jul 2012 14:23:00 EDT. Please see our terms for use of feeds.

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Samsung Smart Camera NX1000 Pink Joins Hands with Bobbi Brown for Marketing Event

Marking the release of pink colored NX1000, Samsung Electronics treats the purchasing customers of its latest NX1000 Pink with a Bobbi Brown pink lip gloss, a premium camera bag, a guide handbook, and a bean pole camera wrist strap from the 11th to the 31st of July. Samsung smart camera NX1000 now comes in pink targeting young ladies in their 20’s and 30’s for the imminent summer vacation season in the joint marketing event with Bobbi Brown.

Nikon WU-1a wireless mobile adapter for D3200 review: using Android as a remote trigger / wireless display

DNP Nikon WU1a wireless mobile adapter for D3200 review using Android as a remote trigger  wireless display

In the world of DSLR shooting, you can certainly catch one’s attention by mentioning one of two things: a wireless display, or a remote trigger setup. Neither of these are exactly fresh concepts, but Nikon has chosen a curious beast to highlight one of its most promising accessories to date. The $60 WU-1a Wireless Mobile Adapter primarily allows two things to happen. First, it enables your Android phone or tablet (and soon, iOS device) to act as a wireless display. You shoot an image, and within seconds, that image is ready for your ogling on a far larger display than the 3-incher found on the D3200’s backside. For those looking for a far better way to review each shot without pulling out the laptop, this is it.

The other function — the one we at Engadget were most intrigued by — is the ability to use a mobile device to wirelessly trigger a shot. The adapter relies on WPS (WiFi Protected Setup) in order to converse with one’s Android device, enabling a connection even when you’re away from a cellular data signal or WiFi network. Frankly, we were overly bummed to see the entry-level D3200 gain compatibility before full-frame shooters like the D800, D3S and D4 — after all, it sure seems that professionals would be seeking these features more than novices. In the end, however, it’s probably best that more spendy clients be kept far, far away from the disappointment. Join us after the break as we explain.

Continue reading Nikon WU-1a wireless mobile adapter for D3200 review: using Android as a remote trigger / wireless display

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Nikon WU-1a wireless mobile adapter for D3200 review: using Android as a remote trigger / wireless display originally appeared on Engadget on Mon, 09 Jul 2012 13:15:00 EDT. Please see our terms for use of feeds.

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