NIKON TO STOP MAKING FILM CAMERAS!!!

Wednesday, January 25, 2006

I am back to updating here daily and am now going to be logged on regularly for next few days, after a gap of almost two weeks. One of the first things I did was to fill me up with all the digital photography news I missed in this period. What I came across was what could be a significant step in the evolution of Digital Photography, and which could also mark a big step in marking the decline of film. Nikon is already readying itself to shun film, and has decided to stop producing most of their film cameras. It is a big surprise to me and is coming much much earlier than I expected it to happen. What makes me wonder even more is that only a month back, I saw some advertisements of Nikon film cameras in some photography magazines. But it could well be an effort to get rid of the inventory. Kodak is one other company that has already taken this step, but not many others have followed yet. Predictably, Nikon is not abandoning film altogether and is going to continue producing a few models.

In the meanwhile, growing sales of digital cameras and rapidly improving technology has not gone all that good for some camera makers. Most of them are not making much money, especially the second tier camera manufacturers such as Olympus and Konica Minolta. In another surprising news, Konica Minolta has decided to exit from camera business, with its inability to make much progress in digital camera market. It is very much possible that some more companies may follow soon.