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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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Japan's economy in record plunge = good for us?
Good news for the rest of us? Will equipment finally start to drop in price!? 
See vid here: http://news.bbc.co.uk/1/hi/business/8058732.stm
Quote:
Japan's economy has seen its worst ever quarterly performance, with GDP shrinking 4% in the first three months of 2009.
The contraction is the fourth in succession, following a 3.8% drop in October to December. Roland Buerk reports from Tokyo.
The contraction is the fourth in succession, following a 3.8% drop in October to December. Roland Buerk reports from Tokyo.
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
 Fondly Remembered
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Join Date: Sep 2007
Location: Perthshire Scotland
Posts: 8,168
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As the guy said Japan relies heavily on exports so perhaps the prices may drop.
Hittachi and Sony get a mention so I'd suspect the photographic brands would fall under the same umbrella.
Hittachi and Sony get a mention so I'd suspect the photographic brands would fall under the same umbrella.
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Kit 1 Canon 1D Mark 3 Canon EF 17-40mm f/4 L USM Canon EF 24-105mm f/4 L IS USM Canon EF 100-400mm f/4.5-5.6 L IS USM Canon EF 50mm f/1.8 II |
Kit 2 1D2 & 40D |
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
Posts: 15,385
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I really do hope so - Summer is practically here and I was hoping to have got a new camera by now 
Plus no real signs of the D400 or D700x I was hoping to see!
Plus no real signs of the D400 or D700x I was hoping to see!
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Fondly Remembered
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Join Date: Sep 2007
Location: Perthshire Scotland
Posts: 8,168
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Either that or they cut production costs (quality) and keep the prices the same.
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Kit 1 Canon 1D Mark 3 Canon EF 17-40mm f/4 L USM Canon EF 24-105mm f/4 L IS USM Canon EF 100-400mm f/4.5-5.6 L IS USM Canon EF 50mm f/1.8 II |
Kit 2 1D2 & 40D |
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Admin Team
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Join Date: Sep 2007
Location: South Wales, UK
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I hope that's not the case - if they cut quality they will lose their status as quality manufacturers, which will hurt their brand loyalty, losing them more than any cut in margin.
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Join Date: Apr 2009
Location: Carmarthenshire, Wales
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As long as they drop the price of Nikon prime long lenses I'll be a very happy bunny! 
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Kit 1 Nikon D300 17-55mm f/2.8G ED-IF AF-S DX Zoom-Nikkor Sigma 50-500mm f/4-6.3 EX DG HSM Sigma 105mm f/2.8 EX DG Macro Nikon 55-200mm f/4-5.6 AF-S VR DX |
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My Compact/P&S: Olympus mju300 |
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Join Date: Sep 2007
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It would be nice if the prices did drop! Mind you, I don't use the lenses I have enough so I should really hold off buying more for now 
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Kit 1 Canon 20D Canon 28-135 3.5-5.6 IS USM Canon 70-300 4-5.6 IS USM Canon 100 2.8 USM Macro Canon 10-22mm 3.5-4.5 Canon 50mm 1.4 Canon 85mm 1.8 |
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Join Date: Jul 2008
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I'm lost??? - it would work in exactly the opposite way to which you would like to see it work. The Japs wont reduce their prices - commodities and resources still have a finite value - instead they will do as they have been doing of late - they have adjusted prices UPWARDS to re-coup losses against a volatile international monetary mechanism. I think if this is 'new' news...then you can expect prices to rise yet again.
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Admin Team
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Join Date: Sep 2007
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Not really, if the Yen loses value it will get back in line to what it was (remb the prices went up because the Yen was so strong).
So with the value of the yen out the way... if a company is not selling as much as before, they would need to provide an incentive to get people to buy again... and upping your prices is not going to do that (in fact that'd have the opposite effect).
So with the value of the yen out the way... if a company is not selling as much as before, they would need to provide an incentive to get people to buy again... and upping your prices is not going to do that (in fact that'd have the opposite effect
).
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Kit 1 Nikon D300 Nikon 55-200mm VR |
Kit 2 Nikon D40 Nikon 18-55mm |
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My Compact/P&S: Panasonic Lumix TZ7 |
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Join Date: Apr 2008
Location: West Cork, Ireland
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Ack - I don't *get* money stuff... it's all numbers, which I don't understand at all but I do hope something good happens re. prices!
xx
but I do hope something good happens re. prices!xx
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Kit 1 Nikon D800 Nikkor 50mm f1.4 Nikkor 24-70mm f2.8 Nikkor 105 mm f2.8 macro Nikkor 70-200mm f2.8 Sigma 50-500mm F4-6.3 EX DG HSM Sigma 150-500mm F5-6.3 APO DG OS HSM Nikon 70-300mm AF f/4-5.6G Nikon 50mm f1.8 |
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