Olympus desaster forecast….Don’t worry, there is more chance the analysts will fail.
I keep receiving emails from readers pointing me out the report published by Yahoo (Click here). It says that the digital camera business from Olympus will disappear from the US market within 2014. It’s not the first time I hear these kind of negative forecasts about Olympus and as of today…Olympus digital camera business is still alive :)
Honestly, I think there is a bigger chance that Yahoo will crash in 2014 rather than Olympus! I agree with Thom Hogan when he says: “The medical side of Olympus is healthy enough that they can take their time deciding ultimately just what happens with cameras, and I’m pretty sure they’ll first try to execute a strategy that helps them get back to profitability before giving up on it.”
So please don’t worry, and let’s see what Olympus will deliver us soon with the new OMD!