Canon Edges Kodak in Q4 US Digital Camera Sales

Canon Logo

Market research firm IDC today reported that Canon surpassed Kodak to take the lead in sales of digital cameras in the U.S. during the 4th quarter.

Figures show that Canon shipped 2.5 million cameras in the quarter, just ahead of Kodak with 2.4 million and Sony Corp. with 2.2 million. Kodak earlier indicated that it was willing to lose market share in order to improve profitability.

IDC said that for the full year, digital camera shipments rose 5% to 29.8 million units. Canon had 20% of the market, Sony 17% and Kodak 16%, IDC said.

Overall, the figures signify a cooling of the market. Unit shipments fell 3% to 12.1 million cameras in the quarter compared with 12.4 million the year before.

[Via: The Wall Street Journal]

Chris Malinao

About Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.

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