Archived posting to the Leica Users Group, 2008/12/06

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Subject: [Leica] Re: Bad news at Leica
From: douglas.sharp at gmx.de (Douglas Sharp)
Date: Sat Dec 6 05:52:48 2008
References: <445345.1228570833059.JavaMail.root@elwamui-rubis.atl.sa.earthlink.net>

Yes indeed - I'm not really in the market for an M8 or an M8.2, but an 
R10 is a completely different matter.

When it comes out, my collection of older Leica SLRs may very well 
shrink considerably. :-)

Cheers
Douglas


wildlightphoto@earthlink.net wrote:
> Douglas Sharp wrote:
>
>   
>> Morning all,
>>
>> Get out and buy M8s and lots of lenses!! :-)
>>
>> The local paper here in Hannover reports that Leica is running at a loss 
>> again.
>>
>> After moderate profits last year, the company made a net loss of 7.2 
>> milliion euros in the first half of the financial year 2008/2009 (in the 
>> same period of the previous year, they made a net profit of 6.5 million).
>>
>> Total revenues fell in the same period by more than 40 MEUR to 52 MEUR.
>>
>> A company spokesman reported that the figures are due to falling sales 
>> and development investments.
>>
>>     
>
> Considering the development cost of the S2 (which will reduce R10 
> development cost), no sales revenue from it yet, and the overall 
> re-invention of the company, a loss is neither surprising not necessarily 
> bad news.  Bad news will be poor sales of the S2 and/or R10.
>
> Doug Herr
> Birdman of Sacramento
> http://www.wildlightphoto.com
>
>
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
>
>   

In reply to: Message from wildlightphoto at earthlink.net (wildlightphoto@earthlink.net) ([Leica] Re: Bad news at Leica)