IDC to raise digital camera sales forecast

Analyst firm IDC says digital camera shipments are stronger than earlier forecast, and it's likely to increase its 2007 shipment projections.

Shipments of digital cameras jumped 22 percent in the second quarter compared with the year earlier, and growth for coming months likely will outpace earlier expectations, analyst firm IDC said Thursday.

"IDC expects to raise its forecast for the CY2007 year due to this continued, stronger-than-expected growth," analyst Christopher Chute said in a statement.

Consumers are replacing earlier cameras with new models that stabilize images to counteract camera shake, but more importantly, they're also responding to lower prices, he said.

Canon remained the No. 1 seller, with 26 percent of shipments in the second quarter. Sony was No. 2 with 18 percent share and Kodak No. 3 with 12 percent. Samsung "rocketed to the No. 4 position" with 11 percent, bumping Nikon and others. Nikon, though, "continues to do very well with digital SLRs," Chute said.

Although Kodak took the No. 3 spot, its shipments declined 15 percent, IDC said.

Featured Video
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

Metal Gear Solid V gets a perfect 10

Jeff Bakalar talks with GameSpot's Peter Brown about his perfect 10 review score of Metal Gear Solid V: The Phantom Pain.

by Jeff Bakalar