New Olympus compact cameras coming in Spring (says financial report).

February 13, 2012
news, Rumors
39 Comments

There is one bad news and two good news. First the bad news :)

1) The latest Olympus financial report (Click here to download the full .pdf) unveils that they are on course to make a 32 billion yen (£260m or $410m) loss for the year to 31 March 2012, as it reels from a £1.1 billion accounting cover-up (via Amateur Photographer). In the same period in 2011 they had a 756 million yen loss, in 2010 they had a 2.04-billion yen profit. This is really bad news but I guess soon a big company (Sony or Samsung or Fuji) will arrive with fresh money in order to solve the current financial troubles.

2) But there is also a good news: Olympus reported a 14.7% rise in digital camera sales over the nine months, reaching 94,557 million yen (£771m or $1216m) at 31 December 2011 (via Amateur Photographer). The operating loss fell by 50%. In summary, Olympus isn’t still making money with their camera division but they are now growing and Olympus predicts that results will be even better thanks to the third good news:

3) Looking to the future, Olympus pointed to the release of its OM-D E-M5 in late March, adding: “Several new compact models are scheduled for successive launches from spring, using same image processing technologies as micro SLRs [sic] for high sensitivity, low noise and fast autofocus.” (via AP)

UPDATE: A month ago a trusted sources told me that the [shoplink 19904]Olympus XZ-1[/shoplink] successor will arrive in early summer.

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