Canon had some excellent news and a few bad (but not unexpected) news in its second quarter earnings released today. At the upside, the corporate has raised its profit outlook for the remainder of the year, and says that the recovery from the earthquake that forced it to halt camera production have been “quicker than expected.” That halt to production did take a substantial toll at the company, however, and contributed to a 20 percent drop in net profits to ¥53.86 billion, or $685.7 million, when compared with a year ago — a figure that was compounded by a robust yen that further cut into its earnings overseas. That revised profit outlook is available in part from an updated shipment forecast for interchangeable lens cameras — it now expects to ship 7.3 million as opposed to seven million, although its forecast for compact cameras remains unchanged at 20 million. Could that still include a couple of mirrorless models ? Perhaps, although all indications are than a real release must wait until sometime next year.
Mozilla rumored to debut LG-made Boot to Gecko device at MWC
Drexel University turns to 3D scanners, printers to construct robotic dinosaurs
