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Re: [OM] Re Panasonic buying Olympus suggestion - Panasonic also hasmone

Subject: Re: [OM] Re Panasonic buying Olympus suggestion - Panasonic also hasmoney woes
From: "C.H.Ling" <ch_photo@xxxxxxxxxxxxx>
Date: Thu, 10 Nov 2011 22:45:48 +0800
Same for Sony, they are in the 4th straight year loss, also seen problem on 
the TV section but can't find performance breakdown on the camera section.

C.H.Ling

----- Original Message ----- 
From: "Michael Hobart" <mhobart@xxxxxxx>


>I did not see this mentioned in the various posts but I may have missed it. 
>Panasonic announced at the end of October that they projected a US$ 5.5 
>BILLION loss for this fiscal year!   There losses are apparently mainly in 
>their television business, but still, that's a rather huge loss.   Some of 
>the related stories include ones where they have postponed a consolidation 
>of TV manufacturing plants because they cannot afford to merge the plants' 
>operations.
>
> That does not sound very good either.   I have not seen any specific 
> information on whether or not their camera operations are making money or 
> not.
>
> Mike
>
> On Wednesday, November9, 2011, at 4:16 AM, 
> olympus-request@xxxxxxxxxxxxxxxxx wrote:
>
>> From: Andrew Fildes <afildes@xxxxxxxxxxxxx>
>> Subject: Re: [OM] Olympus' future truly looks bleak after latest 
>> revelations...
>> Date: November 8, 2011 5:42:10 AM MST
>> To: Olympus Camera Discussion <olympus@xxxxxxxxxxxxxxxxx>
>> Reply-To: Olympus Camera Discussion <olympus@xxxxxxxxxxxxxxxxx>
>>
>>
>> Perhaps Panasonic will buy them out, now they're so cheap?
>> Worked for Sony!  :-)
>> Andrew Fildes
>> afildes@xxxxxxxxxxxxx
>
> Michael Hobart
> mhobart@xxxxxxx
>
> The Generations Tips pages and some of my personal genealogy is available 
> at
> http://users.sisna.com/mhobart

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