Sony sees ‘significant’ slide in compact cameras
August 14, 2012
Model shown in picture for illustration purposes only
Sony sold 4.4 million compact cameras in the three months to 30 June 2012, 17% fewer than the same quarter a year earlier.
Demand for interchangeable-lens cameras has increased, however.
Sony’s Imaging Products & Solutions division, which includes professional broadcast equipment, saw a 7.6% year-on-year increase in sales revenue.
In a statement, Sony said: ‘This increase was primarily due to a significant increase in sales of interchangeable single lens cameras – reflecting higher demand – and a significant increase in sales of broadcast and professional-use products that had lower sales in the same quarter of the previous fiscal year due to supply issues arising from the Great East Japan Earthquake.
‘[This was] partially offset by a significant decrease in sales of compact digital cameras due to market contraction.’
Last week, rival Nikon reported almost identical sales of compact cameras over the three months.
Nikon sold 4.43m compacts, compared to 3.95m in the same period last year – a 12% rise.