Egami (google translation here) spotted the next Olympus Glass patent with built-in camera. The camera features a 1/2.3 inch sensor with 27mm equivalent lens. A while ago I spotted another patent where the Olympus glass actually acts as a sort of viewfinder of compact or mirrorless cameras (Source freepatentsonline):

There is a lot of talk about the Google Glass. And it seems that Olympus only has patented similar devices. But can a small company like Olympus battle against a giant like Google?

P.S.: The Gogole Glass device isn’t for sale yet but the plenty fo domains containgin “glass” or “google” are for sale on eBay (Click here). The most expensive one is GlassEyeware.com for $75.000!!!

Ungraded Blackmagic Pocket CInema Camera – Market from John Brawley Tests on Vimeo.

The Olympus E-M5 design patent at Freepatentsonline.
Blackmagic Cinema Camera test at Focus Numerique.
E-P5, accessories and lens price in france (Lepidi).
New Quenox grip at Enjoyyourcamera.com
Sigma 60mm review at lcap.tistor.com.
20% of all cameras produced today are system cameras (Digitalcamerainfo).

Fabrys: “I just want to share with you my last video shot with the OMD E-M5 in Berlin: https://vimeo.com/66480595“

Daniel: “No rumor. Just an update on tests I’ve performed with the GH3 in predictive AF mode. Take a look to see a real world test that unfortunately the GH3 won’t be giving Nikon and Canon any trouble real soon in the action arena. http://www.naturalexposures.com/corkboard/panasonic-lumix-gh3-predictive-af-tests/”

Aaron: “I’d like to share with you a short film I shot at film school with the GH3 http://www.youtube.com/watch?v=nHyvCQW7RGU”

Lance: “Just wanted to let you know that we’ve just updated our FilmConvert film stock emulator, which now includes direct profile support for Nikon D800, D7000, Panasonic GH3, Canon 600D and 550D cameras – fun for everyone! Folks can grab a copy off our website here: http://filmconvert.com/download/”

Larry: “I just received a Rode SmartLav and I wanted to test it against the GH3 camera audio so I did a quick audio test: http://youtu.be/hkyBZUgFrE8“

- Japanese companies produced 44% less cameras (50% less compact cameras and 24% less DSLR and Mirrorless).- The only segment with growth was the High End Camera and Lens market. For example +14,1% Full Frame Lenses have been produced.

This is clearly a sign that 1) the compact camera market is dying 2) The pro market is the only market still generating sales and money. For Panasonic and Olympus this means that they have to think on competing with Nikon and Canon in the high end market. But the MFT sensor size may be the major limitation. A larger Full Frame mirrorless system may be required to go into that direction!

P.S.: Current Amazon mirrorless rankings:

US ranking (Click here).
DE ranking (Click here).
UK ranking (Click here).
FR ranking (Click here).

This comes as a “no surprise” for everyone here. The Wall Street Journal reports: “Olympus said it will eliminate its V series of compact cameras – the cheapest in its lineup, selling for less than $200. Its camera business posted a loss in the last fiscal year through March, because demand for compact cameras turned out to be weaker than expected, the company said.“. Olympus will focus their resources on the mirrorless system cameras and on high end compact cameras. As I told you a couple of days ago expect a new OMD and a new high end compact fixed lens camera to be announced within the next 3-4 months!

Japan Times also reports about Olympus current financial situation: “Olympus Corp. said Wednesday it returned to the black in fiscal 2012 with a group net profit of ¥8.02 billion, compared with a loss of ¥48.99 billion in the previous year, due partly to an improvement in its medical instrument business. But its imaging business, mainly consisting of digital cameras, logged an operating loss of ¥23.07 billion, posting a third straight year of red ink that weighed on the firm’s earnings. Olympus reported an operating profit of ¥35.08 billion, down 1.2 percent, on sales of ¥743.85 billion, down 12.3 percent. With the market for compact digital cameras rapidly shrinking, Olympus set its sales target for compact cameras at 2.7 million units for the current business year, compared with 5.1 million units in fiscal 2012. It will continue to focus on development and sales of mirrorless cameras, while drastically reducing its lineup of compact cameras. In its medium-term business plan through fiscal 2016, Olympus revised upward its consolidated operating profit projection to a record ¥143 billion from an earlier forecast ¥130 billion, on an expected increase in medical business sales supported by the weakening yen. For the current business year through next March, Olympus expects to post a group net profit of ¥30 billion and a consolidated operating profit of ¥71 billion, on sales of ¥700 billion.”

One more thing: The real challenge for Olympus is their 2-3 year strategy to compete in the high end digital camera market. Full Frame cameras are gettign cheaper and the competition in the mirrorles market is growing…

Like every year…every manufacturer won some kind of price at TIPA awards As you know there are so many categories that it is impossible to not win a prize. The Olympus E-PL5 won a price in the best entry level CSC category and Panasonic won the best professional CSC price with the GH3.

I bet that in 2014 Panasonic and Olympus will both win a price again. You wanna bet with me?