Canon just released its Q3 2012 earnings reported, and things aren't looking rosy on any sides for the camera maker: revenue's down 13 percent to $10.3 billion from last year, while profit's tumbled by 42 percent. The Japanese company directed the blame toward the "negative impact of economic deterioration" in Europe and emerging markets like China. DSLR sales fell over last year, with Canon mentioning that its launch of new models like the EOS Mark III and 60D didn't help to shore those figures up.
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Canon announces Q3 2012 results, operating profit down 42 percent to $908 million originally appeared on Engadget on Thu, 25 Oct 2012 07:01:00 EDT. Please see our terms for use of feeds.
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