By: achiinto

achiinto — Tue, 10 Nov 2009 16:13:24 +0000

Seems like they are very successful in the Information and Communications sector. Sales in Europe and N. America dropped a lot but Sales in Japan is less affected.

By: Mistral75

Mistral75 — Tue, 10 Nov 2009 11:54:17 +0000

This is not a rumour, this is 10 days old (30 October), and Olympus’s financial results for the second 2009-2010 quarter (June-September) have been published since (on 6th November):

http://www.olympus-global.com/en/corc/ir/financial/pdf/n091106aE_n.pdf

Group half year operating income actually amounted to 28.5 billion yen, down 11.2 percent from 2008-09, and quarterly operating income to 17.2 million yen, up 17.9 percent compared to the same quarter last year. These results are indeed better than the analysts’ expectations.

As for the “Imaging” business unit (= cameras and lenses), sales were down 42.9 percent for the first quarter (April-June) and down 31.6 percent for the second quarter (July-September), each time compared to the same quarter one year before. Operating income tumbled 96.2 percent for the first quarter and “only” 31.6 percent for the second quarter.

So the group as a whole is in a much better condition than the camera business.

By: AZ

AZ — Tue, 10 Nov 2009 11:07:16 +0000

I wonder how well Panasonic was doing?

By: Alfons

Alfons — Tue, 10 Nov 2009 10:59:24 +0000

They had no idea what a potential m4/3 contains

Comments on: Olympus PROFIT Surprise – up 47% over estimate

By: achiinto

By: Mistral75

By: AZ

By: Alfons