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Digital Camera Sales Plummet

Brian S
briangs
Madison, WI
Post #: 312
2013 wasn't a good year for camera sales.

Digital Camera Sales Plummet. Smartphones to Blame.
http://www.steves-dig...­
"According to Reuters, via the New York Times, compact digital camera sales are down by a whopping 40 percent. Some of your favorite brands -- think Panasonic, Olympus and Fujiflim -- are actually losing money on their camera divisions. And the bad news doesn't stop there. Sales for mirrorless cameras, which are mid-tier cameras halfway between compact point-and-shoots and mirrored DSLRS, are also "sputtering", making up only 10.5 percent of interchangeable lens camera sales in the US (and 11.2 percent in Europe): despite doing quite well in Japan, where they make up 36 percent of ILC sales.

Why is this happening? Simple: smartphones"
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