Olympus: Chairman and President Kikukawa resigns and attacks Woodford: “he did not like Japan”

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Before friends, now enemies. Kikukawa and Woodford.

Olmypus CEO Tsuyoshi Kikukawa “has stepped down due to a series of media reports on the company’s problems and a plunge in its share price“. (Source: Reuters). But the whole current Olympus board is still devoted to Kikukawa and I don’t think that will be enough to stop the critics. Today Olympus lost -7% at Nikkei (Source: Bloomberg).

A couple of days ago Kikukawa attacked ex-Ceo Woodford with an internal company memo. Electronista writes that: “In the memo, Kikukawa stated that Woodford’s recent actions were the result of nothing more than a failed power grab. Using Woodford’s initials, Kikukawa stated that, Director MCW was not satisfied unless he could control everything himself.” And the most surprising attack is that Woodford broke company management rules, and even “did not like Japan.”. If you want to read Olympus explanation of the story and arguments against Woodford read their official statement: http://www.olympus-global.com/en/corc/ir/tes/pdf/nr111019.pdf

P.S.: The New York Times posted some details about the mysterious Cayman company owners. And one more article form the NYT (Click here) about the acquisition story.

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Panasonic Leica 25mm f/1.4 Summilux review (Digitalrev)

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The video on top shows the Panasonic-Leica 25mm f/1.4 review made by Digitalrev. The lens itself is in Stock in most part of the worlds with one single exception…USA! Looks like Panasonic has something against the states? Is the market not important enough for you? We europeans have plenty of Panasonic-Leica in Stock in many stores. This is the list I usually check to see where I can get the lens. As usual just click on the shopname to see the Panaosnic-Leica search page:

Australia: CameraPRO, Amazon, BHphoto, Digitalrev, eBay.au
Austria: Amazon.at, Fotomundus, eBay.at
Belgium: Amazon.co.uk, eBay.be
Canada: Amazon.ca, Olympus Canada, TheCameraStore, Adorama, B&H, eBay.ca
China: Digitalrev, Amazon.cn, eBay
Denmark: eBay
Finland: eBay
France: Amazon.fr, eBay.fr
Germany: Amazon.de, Fotomundus, eBay.de
Hong Kong: Digitalrev, eBay, Amazon, B&H
Ireland: Amazon.uk, WexUK, eBay.ie
Italy: Amazon.it, eBay.it
Japan: Amazon.jp, DigitalRev, eBay
Netherlands: Amazon.co.uk, eBay.nl
Norway: eBay
Poland: Redcoon.pl, eBay
Singapore: Digitalrev, eBay
Spain: Amazon.es, Redcoon.es, eBay.es
Sweden: eBay
Switzerland: Amazon.de, eBay.ch
United Kingdom: Amazon.uk, WexUK, eBay.uk
United States: Amazon, Olympus US store, Adorama, B&H, eBay

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“Nikon 1” sells well in USA. What should Panasonic and Olympus learn?

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I am surprised. I just checked the Amazon mirrorless camera ranking (Click here) and Nikon seems to sell their new J1 and V1 very well! Four cameras made it into the top 20 and I am trying to understand why Nikon is succeeding. One thing is sure, I saw massive advertising on European newspaper, tv’s and blogs. Something I never saw before. Nikon perfectly coordinated the launch of these cameras. It is certainly something not even comparable with what Panasonic and Olympus are doing. And another thing I noticed is that the Nikon cameras are in Stock less than one month after the announcement. If you look at the Panasonic-Leica 25mm f/1.4 lens that has been announced in early June is still NOT in Stock in US stores than you can get an idea of how good Nikon’s (or how bad Panasonic’s) strategy is.

Let me know what you think:

Why is Nikon 1 selling well:

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P.S.: These are the other Amazon rankings: Uk mirrolress, DE mirrorless, FR mirrorless., JP cameras. As you can see the Nikon sales are not as good as in the US!

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(FT5) Sources explains why “The GX1 is much better than you think”.

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Fake GX1 designed by our friends from Blog.livedoor

As you know a new Panasonic GX1 camera will be announced on November 8 in Japan. It has not a built-in viewfinder a la NEX-7 and not a brand new sensor (same sensor as the Panasonic G3. Two of my top sources had the chance to play with the new Panasonic GX1 camera. After reading your comments on 43rumors they contacted me to say that the camera is actually much better than “your readers do think”.

First: the Panasonic GX1 has a very sexy looking and very high quality body. It’s a camera that feels extremely robust and well in your hands. The quality of the buttons for example is higher than the buttons from the Panasonic GH2.
Second: Semi-pros that loved the Panasonic GF1 will like the new GX1. It is not a revolution but more a very well thought evolution of the GF1.
Third: The image quality beats every Panasonic camera to date. It has the same G3 sensor but also a new much improved processing engine. One of my soruces said that i his opinion this is the camera with the best image quality to date.

In summary, some of us may be disappointed to know that this is not a NEX-7 competitor with built.in viewfinder. But the sources are pretty sure that you will like the new camera anyway because it’s a real advanced and mature photographic tool.

I should soon get more details about the GX1. Feel free to help em to find rumors on the www. If you get some interesting news drop me a message at 43rumors@gmail.com or use the anonymous contact form on the right sidebar. Thanks! And don’t forget to follow us on Twitter and Facebook!

P.S.: I asked one of the sources why Panasonic didn’t make a camera with a built-in viewfinder like the Panasonic LC1 (Click here to see that cam on ebay). His opinion is that Panasonic didn’t want to compete against his own Panasonic G3. If that opinion corrisponds to truth than Panasonic is making a huge mistake (that’s now my personal opinion!).

 

Reminder -> 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

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New Olympus E-P3 firmware.

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Today all current E-P3 owners can upgrade to firmware version 1.1. It will bring following fixes:
1) The issue of the buttons not working when the Monitor (Touch screen) is touched while using the Electronic viewfinder has been resolved.
2) The issue of the AF target not displaying while using the Eye-Fi card has been resolved.

Firmware upgrade instruction: http://www.olympus.co.jp/en/support/imsg/digicamera/download/software/camera/cameraupdate.cfm

The E-P3 is currently in Stock at Amazon, Olympus US store, Adorama, B&H, eBay.

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