Wednesday, August 8, 2012

Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen

Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen

Nikon's odd financial calendar means that the camera maker is announcing its first quarter results for 2013. The confusingly-dated documents show that it isn't having the best Spring / Summer, since while it pulled in a net profit of $201 million, that figure is down nearly 50 percent on the $392 million it made in the same period last year. It sold a record number of interchangeable-lens cameras, lenses and a good number of compact cameras, but that was offset against the high cost of the yen.

Engadget , Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen, Nikon makes $201 million quarterly profit, nearly 50 percent drop from last year, blames strong yen

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