Good news: Panasonic Raises Profit Forecast!

Panasonic managed quite quickly to get out from the financial crisis they had a couple of years ago. They did it by shifting from being consumer-oriented to focusing on businesses (Source: Bloomberg). Their investment in solar panels, car-navigation systems and other businesses are paying off. The full report can be read at Panasonic.com.

There is no info about how the camera business is going. The AVC networks segments which also contains the digital camera business only shows a 3% decrease ins ales but Panasonic said that the main reason is the decrease in sales of ruggedized PC’s and tablets. All we know is that Panasonic manager stated lately that the Gh4 and FZ1000 sales where 2,5 times higher than expected.