Panasonic reports a +8% profit for the fiscal year 2019

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Panasonic published their yearly financial report. There is no info at all about their camera business. Camera sales are hidden within the general (and very large) electronic appliances segment.

All we can learn is that as whole the company did well with +8 operating profit. But for the next fiscal year Panasonic expects a 1% reduction in revenue and 27% reduction in operating profit.

 

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Weekly 43rumors readers pictures roundup…

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Franco Novecento Buttiglieri
Sunset in Croatia
Lumix G80 + 12-60mm F2.8-4
#microfourthirdsgallery

1) To submit your picture for the weekly readers roundup post you can choose one of the following two options:
Instagram: Follow @microfourthirdsgallery and tag us on your picture to give us the permission to repost your image on the instagram gallery and on 43rumors (we will credit you)
Facebook: Submit your picture on our group: facebook.com/groups/microft. Please add the hashtag “#microfourthirdsgallery ” to grant the permission for reposting on 43rumors. Without the hashtag we will not add your picture!

2) Like and comment the pictures from other readers here: instagram.com/microfourthirdsgallery and facebook.com/groups/microft
3) A selection of most liked pictures by the community and by me 43rumors admin will be posted weekly on 43rumors.

Note: When sending a pic feel free to also add a link to your site to promote yourself! And please do share one single picture per week only. Do not spam :)

This is the weekly selection:

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Watch this Blackmagic Pocket Cinema Camera modified to feature an articulating flip screen

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Within the chinese Filmaker.cn forum user “Power_cheung”. Newsshooter writes:

The screen is mounted onto a custom dual-axis hinge which allows the screen to not only pivot up & down for selfie view but rotate out from the base position. Unfortunately, there is no option to invert the display so your image is upside down when using the screen in selfie mode.

Power_cheung states that the modification may be made public with only minor modifications required to install the screen. He also states that you could make further modifications by removing the original screen, creating space to mount an SSD drive, or support a larger battery.

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a bit of everything…

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Bokeh for 20-100$ with old M42 lenses (Helios, Zeiss, Asahi) – 4K samples

Today Gold Box deals at Amazon US, BHphoto, eBay, Amazon.de, Amazon.co.uk, Amazon.fr, Amazon.it, Amazon.es.
Shooting Star Trail With Olympus Live Composite (Robin Wong).
Choosing a camera Part 1: should I worry about pixel size? (Dpreview).
Deity Pencil S1 Small Indoor Microphone With Changable Capsules (Personal View).
Cinema Lenses: What Are You Paying For? (Explora).

Share your best pictures on our new Instagram MicroFourThirdsGallery.

Plenty of news on the facebook E-M1II group, Panasonic FF and the GH5 group.

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New Panasonic ZS80 now in Stock at BHphoto

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The new Panasonic ZS80 is in Stock at BHphoto.

Open Box deals:
Panasonic G9 for $999 on their eBay Page (Save $200).
Panasonic GH5s for $1,799 on their eBay Page (Save $400).
You get the reconditioned E-M10 Mark III with kit lens for $529 on GetOlympus (Click here).

Sigma US launched $50 rebates on the three MFT lenses:
16mm f/1.4 for $399 at Amazon, FocusCamera, BHphoto,and Adorama.
30mm f/1.4 for $289 at Amazon, FocusCamera, BHphoto, and Adorama,
56mm f/1.4 for $429 at Amazon, FocusCamera, BHphoto, and  Adorama.

New Olympus deals:
$500 trade-in bonus on the E-M1X, $300 on the E-M1II and $200 on PRO lenses (details here at GetOlympus)
Now $200 off on the E-M1II at Amazon, BHphoto, Adorama and GetOlympus.
Now $100 off on the E-M10III at GetOlympus, Bhphoto, Adorama and Amazon.

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Olympus 2019 financial report released: Imaging segment with -19% revenue and 17,1 billion YEN loss….but forecast is still optimistic!

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Olympus released the full 2019 fiscal year report. And while the company as a whole did well the Imaging Segment suffered some severe losses:

-19% revenue and 17,1 bilion YEN loss

But there is a big one time cost included in these losses which should bring some benefits in the next year: The production has been moved from China to Vietnam. That’s why the 2020 forecast is rather positive. For the fiscal year 2020 Olympus expects:

“Breakeven to be achieved in the latter half of FY2020 due to production transfer to Vietnam and the launch of new products”

See the Imaging forecast here:

And this is the forecast for the full company:

Indeed those are not good results, but the company seems to be confident they can do a lot better this year! Now bring on the new E-M5III and other new MFT cameras and lenses :)

 

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