Imagine winning an award 10x in a row for 10 years. While your kid might be just that smart in the spelling bee, Canon has just announced that they’ve held down the #1 spot in DSLR sales for the past decade. However, when you actually read the press release, you’ll see that the years are actually 2003-2012. Last year, the EOS system turned 25 years old. And their latest iterations of the Rebel are possibly bound to also become best sellers. We played with the SL1 and Rebel T51 a little while back, and believe that people are bound to still purchase them in droves combined with their super aggressive marketing and sales forces.
We took a look at the company’s stock for the past ten years as well. Check it out as well as our analysis after the jump.
Canon has had many ups and downs over the past 10 years. After 9/11, the entire world was hurting in some ways and the Yen’s value went up quite a bit as well–which meant that Japanese goods were more expensive. However as you see after 2005, lots of growth was seen and the company was doing very well. 2008 is the year where America suffered another recession–which once again in turn affected other countries until they went soaring back up again. Canon was also one of the companies also affected by natural disasters in recent years and in 2012, lots of new cameras were introduced after being delayed. We’re not quite sure what is causing their recent drop overall but with the way that the company’s trends work, they’ll also recover.
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