There we go, that's nice and sensational eh? Here's the article, including that opinion by Christopher Chute:http://business.financialpost.com/2013/10/05/point-shoot-collapse-why-big-camera-companies-are-the-next-blackberry/?__lsa=2257-c074
Thrust of article:
--78% of Nikon revenue from Camera/lens sales
--Sales declining at a faster rate each quarter
--It's not so much that smartphones are true competitors optically, but rather that the Great Unwashed find smartphones to be "good enough" and that they prefer the near instant uploadability to FB/Twitter/etc. as opposed to improved IQ offered by DSLRs.
We've kicked around the hypothesis of mirrorless replacing DSLR. Should we consider the idea that, in a few years, Nikon becomes Kodak?
Not sure what would be more depressing to me:
1) Nikon shutters up shop and there's a short orgy of gear buying
2) Nikon survives as a Leica type niche, with pricing to match.
Here's hoping for neither.