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Sunday, 29 April 2012
Canon reports slightly higher profits in Q1, teases new compact cameras on the way
Canon reported its Q1 2012 earnings this week, and things certainly appear to have gone better than the last time we checked in when it replaced the company president. While revenue declined slightly, net profit reached 61.54 billion yen ($766 million), up 11 percent from a year ago. There's no executive moves to report, however on the earnings call executive VP and CFO Toshizo Tanaka noted a unit sales increase of 30 percent for SLR cameras including the new EOS 5D Mark III as well as the cheaper T3i, Mark II and 60D models, combined with strong sales for WiFi-connected point-and-shoots. As far as new products, while its new cinema cameras got a glancing mention the plan this year includes compact cameras "offering the image qualities that approaches SLR cameras", with improved design and network connectivity features. All the numbers and earnings call talk are in black and white at the links below, although we prefer to spend our time speculating about the future of mirrorless cameras.
Canon reports slightly higher profits in Q1, teases new compact cameras on the way originally appeared on Engadget on Sat, 28 Apr 2012 05:11:00 EDT. Please see our terms for use of feeds.
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Canon Q1 2012 earnings call, Q1 2012 results (PDF) | Email this | Comments
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Google Releases Full Report of FCC Investigation Into Street View Probe, Finds That Senior Staff Knew
Earlier today Google released the full report of the FCC's investigation into the collection of? "payload data" from open Wi-Fi networks -- aka passwords, email and search history from open networks -- that its fleet of Street View cars obtained between 2008 and April 2010. An earlier and heavily redacted version of the report was released on April 15 but today's version only redacted the names of individuals. Though the report found no violation of any wrong doing by the company, the FCC did fine Google $25,000 for obstructing the investigation, which was presumably the outcome of Google refusing to show the FCC what the data being collected entailed because it might have shown that the company broke privacy and wiretapping laws. Google says any obstruction was result of the FCC dragging out the investigation. Interestingly enough, the report did reveal that the data harvesting was not the act of a rogue engineer and that said engineer notified the Street View team of what was going on. (Wait. What? Google knew this was going on! It gets even better.)us supreme court breaking dawn part 2 trailer mississippi state chris carpenter chris carpenter dick cheney hcg drops
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