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Panasonic financial report: “Appliances” sales down (this includes cameras)

Panasonic published the full financial report. There is nothing we can learn about their camera business because it’s included in the more general “Appliances” category. Sales in this category dropped by 4%. I can’t imagine the Lumix segment doing well in terms of sales. This is what i hear unofficially from store owners. The Panasonic S series is struggling against the Sony-Canon power.

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