Leica still makes money with cameras and reports “strong revenue growth”

For $12,795 the new 75mm lens can be yours at BHphoto.

Many camera players are struggling making profit in the camera business. Seems like Leica has no such issues. Despite having a crazy wide portfolio of all kind of cameras (compacts, APS-C, FF, MF…) they just reported “strong revenue growth”:

Leica Camera AG records strong revenue growth for the 2016/2017 financial year and bucks the downward trend in the camera market

The Leica Camera Group achieved revenue of almost 400 million euros in the past financial year 2016/2017 (31 March 2017) and can therefore look back very positively on the previous twelve-month period. With strong revenue growth of more than six per cent, Leica bucked the overall downward trend in the global camera market, which declined by around 10 per cent in the same period.

In the first few months of the current financial year 2017/2018, cumulative growth stands at 15 per cent, thus underscoring the positive global performance of Leica Camera AG. Despite a market environment that remains challenging, the CEO of Leica Camera AG, Matthias Harsch, once again expects a record-breaking result for the 2017/2018 financial year. As a result, the revenue of Leica Camera AG has increased more than fourfold since anchor investor and majority shareholder Dr Andreas Kaufmann came on board in 2004.

The main driver of growth is the systematic realignment of the company that has taken place in recent years. In particular, the setting up of an in-house Retail Distribution division has made a major contribution to revenue growth. Leica now has 90 monobrand stores around the world, which are vital in terms of promoting brand experience in the context of photography. ‘China is our number-one growth market,’ says Matthias Harsch, who is planning 20 to 30 new stores in the country alone. The Group is now strengthening its presence in the service sector with the Leica Akademie brand in order to boost the appeal of photography amongst younger target groups.

The extremely successful technology and brand partnership with Chinese company Huawei in the field of mobile phone photography makes Leica one of the world’s leading providers of smartphone lens applications, a burgeoning technology segment that serves as a global basis for new product ideas and applications in photography.

The entry of Leica into the eyewear segment (glasses) – a move that was completed in 2017 – offers further potential for strong revenue growth in the years ahead. Operating under the name of Leica Eyecare, the company will systematically tap into this global market in conjunction with its technology partner Novacel.

Fuji releases new X-RAW studio and it contains info about the new Fuji X-H1

First the news:
Today Fuji released Firmware Updates for the X-T2, X-T20, GFX 50S + Free X RAW STUDIO Software + X Acquire ver. 1.7.

Now the rumor:
Nokishita noticed that in the update file of X-RAW STUDIO Fujifilm adds support for the Fujifilm X-H1. Fujirumors says they got some info about the X-H1:

Nokishita does not know, what hides behind the name “X-H1” and they don’t know any specs, except for the fact that it has 24MP and 1/32,000 shutter speed… but luckily FujiRumors can help :)

The Fujifilm X-H1 is Fuji’s first IBIS camera. Fujifilm changed name from X-T2S to X-H1. That’s what hides behind this mysterious camera :).

In the comments, some suggested that “H” stands for “Hybrid”, meaning stills/video hybrid camera. Makes perfectly sense. The new Fujinon MK Cine lenses have no OIS, and of course Fujifilm designed them without stabilization, knowing the X-H1 would come with IBIS.

All the specs I have shared so far for the X-T2S remain the same for the X-H1. It’s the same camera, just with different name.

I am pretty sure we will not have to wait a long time til the camera gets announced!

First possible images of the GH5s

Over at 43rumors you can see some of the first images of the GH5s. So far we can say this camera looks like the GH5 with two small changes:

1) It has the same G9 drive wheel with the red ring

2) It has a big red recording button

Teh red button probably marks that this is a purely video oriented camera. Expect a special new 4K sensor on this (maybe 10 Megapixel?). So far little we know about this camera:

– This is a low light version of the GH5. It probably has a new low resolution sensor.
– This will be a more advanced version of the GH5 with improved video quality, stunning low light performance
– higher price tag than the GH5.
– Same GH5 body
– December 15 (+ or – 1 day)