Financial report: Olympus keeps losing money, but sells more Digital Cameras.

Olympus released the latest Q4 financial report (Click here to download the pdf). Olympus lost 49 Mrd. Yen (491 Mio. €). While Olympus Camera Business can’t still bring any profit Olympus managed to sell more digital cameras (+0,6%). Results would have been better without the Thai Flood that affected the whole camera industry production.
Olympus didn’t release any forecast but my very irrational feeling says that things will go better for Olympus this year. It cannot go worse than last year or not? :)
UPDATE: Thom Hogan analyzed the Olympus financial results on Sansmirror.com (Click here).
One more thing: Michael Woodford sues Olympus for $60m (The Telegraph). Damn is that a long going story!







[/shoplink]
Can’t wait to see the day until our European [shoplink 22691 ebay]Olympusmarket (Click here)[/shoplink] store will offer some E-M5 cameras. But meantime you can find plenty of last generation PEN cameras and all the accessories like the PenPal module, Flash, converters and so on. Just click on it to see the auction:
