{"id":13945,"date":"2012-02-13T14:17:00","date_gmt":"2012-02-13T14:17:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/olympus-halves-digital-camera-operating-loss-sales-rise-update-13945"},"modified":"2014-09-02T14:44:24","modified_gmt":"2014-09-02T13:44:24","slug":"olympus-halves-digital-camera-operating-loss-sales-rise-update","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/olympus-halves-digital-camera-operating-loss-sales-rise-update\/","title":{"rendered":"Olympus halves digital camera operating loss; sales rise (update)"},"content":{"rendered":"

Olympus slashed its imaging division operating loss by more than 50% in the nine months to 31 December 2011, newly released accounts show.<\/strong><\/p>\n

Olympus reported a 14.7% rise in digital camera sales over the nine months, reaching 94,557 million yen (\u00a3771m) at 31 December 2011. <\/p>\n

Operating losses fell to 3,802 million yen (\u00a331m), from 7,732 million yen for the same period the previous year.<\/p>\n

?Revenue increased as a result of favourable sales of new products in the Olympus Pen series of interchangeable lens system digital cameras?. The E-P3, E-PL3 and E-PM1,? said the firm in a statement.<\/p>\n

Growth in sales of high-end compact cameras, such as the Olympus XZ-1, in Europe and Asia, also boosted revenue.<\/p>\n

Olympus?s total Imaging System Business sales increased by 16.5%.<\/p>\n

The figures are contained in the company?s business results<\/a>, an English version of which has now appeared on the Olympus website.<\/p>\n

Looking to the future, Olympus pointed to the release of its OM-D E-M5 in late March, adding: ?Several new compact models are scheduled for successive launches from spring, using [the] same image processing technologies as micro SLRs [sic] for high sensitivity, low noise and fast autofocus.?<\/p>\n

BACKGROUND ARTICLES<\/p>\n

AP INTERVIEW WITH FIRED CEO MICHAEL WOODFORD<\/a><\/p>\n

Olympus affair: Fraud probe ongoing, says SFO<\/a><\/p>\n

Olympus HQ raided by prosecutors<\/a><\/p>\n

Olympus denies camera division shake-up threat<\/a><\/p>\n

Sacked Olympus boss outlines key to future<\/a><\/p>\n

Plot thickens as Olympus fires vice president<\/a><\/p>\n

We have lost customers’ trust, says Olympus president<\/a><\/p>\n

Olympus is a good business, says sacked CEO<\/a><\/p>\n

Olympus crisis: Japan PM enters fray<\/a><\/p>\n

Olympus not aware of ‘FBI’ probe<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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