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Canon released their financials for the fiscal year of 2024, and from an imaging and overall company outlook, Canon looks to be doing strong. All indicators are good.
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The imaging division saw a 4th quarter season sales increase of 14.6% and that resulted in a 6.5% increase for the entire year. Unit sales were down 1% but thanks to more expensive expensive models like the R1, the sales numbers were ok.
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Canon feels like there is demand for compact models like the Powershot due to social media wanting differentiation from phone cameras. Evidently, they are hoping that this will help their overall sales increase by 8.4% next year.
All the details, along with the company-released PDFs are here:
....................
The imaging division saw a 4th quarter season sales increase of 14.6% and that resulted in a 6.5% increase for the entire year. Unit sales were down 1% but thanks to more expensive expensive models like the R1, the sales numbers were ok.
...................
Canon feels like there is demand for compact models like the Powershot due to social media wanting differentiation from phone cameras. Evidently, they are hoping that this will help their overall sales increase by 8.4% next year.
All the details, along with the company-released PDFs are here:

Canon Reports Strong 2024 Results
Canon released their financials for the fiscal year of 2024, and from an imaging and overall company outlook, Canon looks to be doing strong. All indicators ar
www.canonrumors.com