Canon profit down 16% as demand for old-style DSLRs continues to slide

Canon Photokina 2014

Canon reported their most recent quarterly profit today and said that DSLRs continued to face ‘severe market conditions’ noting yet another slide compared to the same period last year.

The firm cut its outlook for the rest of the year.

Read moreCanon profit down 16% as demand for old-style DSLRs continues to slide