It could be the last years for Olympus as we know it.
http://m.bbc.com/news/business-26950496
http://m.bbc.com/news/business-26950496
The question about whether a company can survive something is always about cash flow, never about earnings. You would need to look at cash flow (and access to any additional funds, and potential settlements, not to mention years in litigation) to make a judgement.Net income for Olympus was 80 millions dollars last year.http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=7733:JP
Even though they lost nearly 480 millions dollars in 2012 doesn't mean they are able to take this new hit...
Does that include my second hand one?I for one would gladly pay twice as much for my Olympus lenses to help the cause.
rofl
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Yes.The sky is falling...aaaaaaaaaaaaaaaahhhhhhhh.
Does this mean that my camera is going to stop working?
Tell you what, buy my em1 for $4200 and I'll toss in my lenses for free.Yes.
I would be happy to take some of those lenses off your hands, Clint. Of course, they need to be cheap enough that I can have cash reserves for any potential lawsuits.
I'm willing to forego lens hoods if that will help :smile:I for one would gladly pay twice as much for my Olympus lenses to help the cause.
rofl
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