Shrinking margins on low-end and midrange models. A handful of entrenched market leaders surrounded by a large halo of struggling wannabes. Companies pulling out of unprofitable markets--or pulling out of the line of business altogether. Slowing market growth. Increasing competition from convergence devices. Great opportunity for a newcomer.
That last one threw me, too. I'd think this would be a horrible time for a completely new digital camera company to poke its head through the soil. Clearly GE, and its new protégé, General Imaging, think differently. The latter company, formed by former bigwigs from places such … Read more