Meryem Ersoz
Well-known member
It could equally suggest they realize they have shot their "video" camera division in the foot, so best to cut their losses and shut it down....
their video camera division has never been a substantial part of their overall earnings picture. compared to their stills division revenue, it is a drop in the bucket. so this may very well be the case. the 5DMII/7D shift may be just the excuse that they need...
if they can re-package video to their stills consumer base (already done, to some extent), then they probably can drop their video camera line without any impact to their bottom line. sell more cameras cheaper, that sounds like a familiar business model. more hybrid camera sales = more lens sales - that is where they make their money...