Monday, August 08, 2005

Digital Stomping Sales of Film Cameras

As if you needed any more proof that digital photography is rampaging across the globe like Godzilla through Tokyo, word comes from BBC News that U.K. retailer Dixons plans to discontinue the sale of 35mm film SLR cameras as soon as its current stock runs out.

Dixons, which was founded in 1937 as a photo studio and began in retailing as a camera reseller, said it will no longer stock film cameras.

Digital cameras obviously offer a better profit margin for the retailer, which said its digital sales outpace film sales 15 to one.

The retailer also said it will continue to stock some film cameras at its airport locations, to cater to professional photographers looking to buy duty free items.

As if that isn't enough proof that the analog cameras days are numbered, Nikon Corp. said its quarterly operating profit quadrupled, largely due to high-end digital camera and lens sales.

The Japanese photo company said its operating profit totaled 13.94 billion yen ($126 million) in the first quarter of 2005, up from a profit of 3.13 billion yen ($28 million) in the same period a year ago.

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