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Message: <blockquote data-quote="pe'rigin" data-source="post: 1640614" data-attributes="member: 48320">I can’t see compact cameras replacing the top end DSLR’s but certainly taking a huge bite out the lower market.One example of many I’ll give you is corporate photography. Not so long ago Company’s would commission photographers, (or employ one on staff) for most of the let’s say the mundane type of work, mug shots etc.Although not exactly mind-blowing creative, it gave the photographer a regular source of income. Now those same companies have bought a Lumix and taking them their selves, and got rid of the photographer.Inter-changeable lenses are expensive and heavy to carry.I can’t see company’s like Sony, Panasonic, not improving their product, they won’t take on Nikon or Canon in the DSLR in a large-scale fight, and so they’ll aim lower.With regard to financial reports, I’ve been involved with enough Corporate Annual reports to understand the importance of sentence and word phrasing. “Solid growth” is ambiguous at the very least, 40% increase in sales is positive. To get a true picture, all the Companies results would need to be analysed and put in context.Nikon sales are down by about one third, which would indicate to me that there is a general slump.</blockquote>