Archived posting to the Leica Users Group, 2002/02/26
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Hi Christer: I too noted the report from Leica concerning their recent financial difficulties. One has the sense that there is a desperate need for the M7 to succeed. There will, of course, always be film and those of us who cherish that traditional medium. However, digital sales are obviously becoming a major factor, and are eating more and more into Leica's traditional markets. I wonder if the M7 is an initial effort, built on the great M6 platform, to somehow adapt the M series to digital. Having no engineering background I cannot offer any reasonable advice on how the transition might occur. Moreover, perhaps the R series is the more logical digital vehicle. Nevertheless, there has to be a means to somehow allow Leica photographers, with their huge investment in Leica lenses, to utilize their lenses on any new digital venture. For Leica to continue to innovate and maintain their obviously niche market some "higher end" digital product would appear to be very necessary. I do not expect their "lower end" digital cameras to compete that well with the myriad other brands available, especially since such marques have a great advantage in marketing. Elliot - ----- Original Message ----- From: Christer Almqvist <chris@almqvist.net> To: <leica-users@mejac.palo-alto.ca.us> Sent: Tuesday, February 26, 2002 5:49 AM Subject: [Leica] Leica est yr loss 1.5 - 2 million euro (l.y. +.9) > Leica Camera AG's shares now stand at less than 6 Euro compared to 10 > Euro a year ago. > The lack of a digital compact camera is given as the major reason for > the loss, after the cooperation with Fuji ended they had no such > products and the Matsuhsita co-developments will only come on the > market this spring. I am sure they will put a more detailed report > on their web soon. > > In the meantime, buy more M7s > > -- > Christer Almqvist > D 20255 Hamburg and / or > F 50590 Regnéville sur Mer > -- > To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html - -- To unsubscribe, see http://mejac.palo-alto.ca.us/leica-users/unsub.html