That was shockingly obvious the company would be in trouble, fiddling around with a dubious M8, then a silly S2, instead of going to FF- R straight, pushing FT then MFT now.I posted the following in the LUF:
Here is a quote from the Annual Report:
Product risks
There is considerable risk from the continuing acceleration of
product life cycles in the digital camera sector. The key digital
technologies and the timely market introduction of products
are essential for the Company’s corporate success and the
continuation of the Company as a going concern. Alliances
with reliable technology partners constitute a vital part of the
process both in the field of digital compact cameras and in
the field of digital system cameras.
As a result of the sales slump due to the global eco -
nomic crisis, as well as a result of delays in the development
and market introduction of products there are considerable
risks concerning the continuation of the Company as a going
concern as at the end of the fiscal year.
Accountants must address the risks of whether the company will continue as a "going concern." Leica has put forth several restructuring plans but the statement above means that their is very significant risk that it may not continue as a going concern. If you read the report you will see both sales and debt repayment risks that could put the company at risk.
Someone ever knew why they fired their boss last time ? Because he was right may be !:salute:
I don't need a rebadged camera for double the price, that's a kind of marketing which helps to get into the drain as well.
Pana in return does its best to fulfill its customers hopes & dreams. This GF1 is a long time dream for many. But if you add an EVF to it , you already have it with the GH1.
The idea here is maximum compactness, something "pocketable".
That's the reason why I think the new comer won't make much sens with an external EVF, but should come with a first rate 960000 screen ! Bellow that the aim would be half missed.
For the same reason, a serie of pancake lenses are a deep cry and the 17 is hardly wide enough ! 10 & 14mm are awaited !
My Nikon compact film camera had a lousy OFV which was not protruding, zooming with the lens. That was all what we had and it did the job. Why not working back on that to make it from lousy to good !