We recently reported about predictions made by a Credit Suisse analyst who claimed that in the ever-changing landscape of the photo industry, only the major players -- i.e. Canon, Nikon and Sony -- would be able to make a lasting stand. Now, the next doomsday prediction comes in, and this time from the people over at 24/7 Wall St. In their list of ten brands that will vanish in 2014, Olympus is mentioned for much the same reasons again: declining sales due to the strong competition by camera-equipped smartphones. To someone who...
(read more)

More...