Olympus getting out of Camera Business


Olympus Corp. is getting out of the camera business after 84 years to focus on medical devices […]

As recently as 2007, the dawn of the smartphone era, digital cameras were a $3-billion-a-year business for Olympus. Within a few years, however, most of the market evaporated because people were using their phones to take pictures. Camera revenue shrank to just over $400 million in the year ended March 31, and the business has lost money for the past three fiscal years.

Yeah iPhone (aur Android) Ne Sab Camera Company Ki Vaat Laga Di Hai.