Olympus Q1 report: compact camera market shrinks. Mirrorless sales doing well.


Screenshot of the Imaging Business Q1 sales (Click on it to enlarge the image).

Olympus released the latest Quarter Financial results report. You can download it here: http://www.olympus-global.com/en/corc/ir/brief/pdf/n120809aE_n.pdf.

It’s not a surprise that the overall results are very negative. While the medical business is still growing all other divisions are reporting losses. The Imaging Division sold less cameras mainly because of the shrinking compact camera market. The good news is that Micro Four Thirds sales increased thanks to the Olympus E-M5! Results would have been even better if the Silver kits would have been available earlier (only now in Stock at Amazon, Olympus US store, Adorama, B&H, eBay for example).

For the next Quarter Olympus forecast sees a return to profit. Let’s hope this is true. Below one more interesting screenshot about the digital camera world wide market:

I would say Olympus has to reduce the number of compact camera models and focus on very specific markets. The Sony RX100 is a good example of what could work (it is on top of the Amazon rankings). And than focus on Mirrorless of course…


Panasonic weatherproof SD cards for the GH3! Silver body in Stock via amazon itself.


Before to start…for US readers:
First time ever Amazon itself has the Silver E-M5 in Stock (Click here). And it’s quickly climbing the mirrorless rankings (see here).

Back to the Panasonic news:
One of the few things we know for sure about the upcoming GH3 is that it is weather sealed. And so it may not be casual that Panasonic announced super resistant SD cards. As Engadget reports ironically the cards are soo good that they will probably outlast the photographers life too :)

“It resits at temperatures from -13F to 185F, immersion in 3.3 feet of water for half an hour . The cards are also built to survive zaps of electricity, proximity to magnets and exposure to X-rays. If it all becomes too much to bear, the design will even fuse on the inside to prevent fire burning the card from within

Sounds perfect for our next GH3 or not?

Source: Panasonic Japan.

And here is a rumor roundup about the GH3:
FT5: similar GH2 design, weather sealed, no global shutter, major improvements in AF speed and EVF quality, GH3X kit with 12-35mm X lens.
FT3: 15.5 mega-pixel sensor, Iso 160-12800 (extends to 80-51200), 6.7fps, 3.2″ inch LCD with 1050k-dots, EVF with 2.06 mega-dots, double SDXC slots, in-camera GPS, external battery grip.


(FT3) Panasonic GX2 coming in mid November?


In a bit surprising move Panasonic could announce the “GH3 only” at Photokina and according to one source the GX2 may be scheduled for a mid November release. I have no info about the new GX2 features yet. Recent Panasonic patents disclosed that image of a compact m43 body with integrated viewfinder (de facto like the long rumored Micro Four Thirds version of theLumix DMC-L1 camera). The same patent described the camera having an in body sensor stabilization too. But as usual with patents they may are just here to protect a technology and not to release a real product. Anyway, the good news is that Panasonic engineers are actually thinking on it :)

UPDATE: In an interview made by Amateur Photographer Panasonic itself said that: “We will define more clearly what GH and GX means this year, so consumers have a better idea of what their characteristics are.

Question to you guys. How should the GX2 be? Message to sources: Please define the release period as official announcement or official availability…Thanks! :)

The Sony NEX-7 (Click here) and the Fuji X PRO 1 (Click here) are for now the only mirrorless cameras with such a rangefinder styled design.
The DMC-L1 eBay (Click here).
The DMC-LC1 on eBay (Click here).

Rumors classification explained (FT= FourThirds):
FT1=1-20% chance the rumor is correct
FT2=21-40% chance the rumor is correct
FT3=41-60% chance the rumor is correct
FT4=61-80% chance the rumor is correct
FT5=81-99% chance the rumor is correct


New LX7, 12-50mm, 45mm and 17.5mm reviews (new GF5 Gariz case).


Gariz just launched that new Gf5 case you see here on top. They are already available on eBay in Black (Click here) and in Brown (Click here).
And now to a roundup of the latest reviews.

Although not a m43 camera some of you are considering to buy the new Panasonic LX7. So here are two new review: ISO tets by Focus Numerique (Translation here) and at DSLRmagazine (Translation here).
While the LX7 is certainly a nice camera I would have liked to see a larger sensor compact. Currently the RX100 is selling terribly well (here is the ranking).

Olympus 12-50mm,45mm and Nokton 17.5mm:
SLRgear posted the full Olympus 12-50mm review: “As the kit lens for the OM-D EM-5, you couldn’t really ask for more; the lens offers excellent results for sharpness, corner shading and distortion.
M43.eu (Translation here) tested 45mm lens hood variations.
Admiringlight tested the Nokton 17.5mm f/0.95 lens: “Overall, I was absolutely blown away by the performance of this lens.  I was not expecting anywhere near the performance it provides at f/0.95, and the resolution it delivers stopped down is equally stunning.

You don’t see Admiringlight use the word “stunning” very often! Lens is in Stock at Amazon US (Click here). Best price for Europeans at Lapetitephoto eBay (Click here).


USA: Next Olympus E-P3 superdeal (with pancake for $680)


And again a new E-P3 super deal! The camera plus pancake lens now sells new for $680 at Amazon (Click here). That’s $130 less than the price at BHphoto. Maybe Olympus is clearing their stocks in favour of the upcoming new E-PM5 camera…

More deals:
E-P2 body for $239 at Amazon (Click here). Silver E-M5 in Stock at BHphoto (Click here). One 14mm pancake for $259 at Amazon (Click here). Same price for the 14-42mm X zoom (Click here). The 12-35mm X lens is also in Stock in high quantities (Click here). And don’t forget GX1 with 14-42mm normal (non-x) zoom at Adorama (Click here) for $479 by entering the coupon code “S4794799“.