Olympus just published the Financial Results for the 3rd Quarter of Fiscal Year 2017. And for the first time in many years Olympus Imaging Business had a small profit! Despite  a -13% net sales operating income increased by 1.1% with a net profit of 0,7 Bilion Yen. This has been possible because of two reasons:

1) Profitability achieved on 9-month basis following earnings improvement resulting from introducing new mirrorless cameras and maintaining prices of readily affordable mirrorless cameras
2) Inventory expenses effectively managed

Also the Operating income forecast raised based on 3Q business recovery.

Olympus managers at the DPreview interview (image by Dpreview).

Dpreview interviewed a very large crowd of Olympus engineers and managers. Olympus said it will be improving and evolving the E-M1 Mark II with firmware upgrades. This is what they are working on:

• Adding ‘Auto ISO’ capability to manual video shooting
• Allowing for control of autofocus racking speed while shooting video
• Clarifying and enhancing customizability of continuous autofocus behavior beyond the current -2 to +2 ‘tight to loose’ scale
• Working on the AF algorithm to improve tracking performance
• Enable the ability to enter playback and menus while the buffer is clearing

E-M1II at BHphoto, Amazon, GetOlympus and Adorama. In EU at ParkCameras. WexUK. Digitech.ch.