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Canon Q3 operating profit in the imaging business drops 56,8% compared to last year!

Canon published the Q3 financial results and damn they are bleeding out :(

Compared to  Q3 2018  their net profit dropped by 56,8%! Sales dropped  by  13,9%. They now changed the  2019  sales forecast and expect full  year profit to drop by 59,9%. Honestly I didn’t  expect  that and it looks like Canon and Olympus are doing worse than other camera companies now…

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