Canon posts record profit as digital camera boom continues
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Japan's Canon Inc. said it posted a record profit for the three months to September due to strong overseas demand for digital cameras, especially in Europe, and revised up its full-year earnings forecast.
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Fourth-quarter earnings surged on higher revenue as the photo film manufacturer staked out a bigger position in digital photography.
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Eastman Kodak Co. EK.N, the world's  top maker of photographic film, said Wednesday its  third-quarter profit rose, helped by the sale of one of its  businesses and growth in its digital business, but declines in  its traditional film segment held back revenue.
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Shoppers reached for more digital  cameras in the fourth quarter, taking advantage of holiday  bargains and fueling better-than-expected shipments of the  devices for the full year, according to research firm IDC.
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Sony Corp (6758.T) swung to a quarterly  operating profit as robust sales of digital cameras and  camcorders helped offset videogame losses, and it raised its  annual outlook that exceeds market expectations.
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Canon Inc. unveiled a new digital camera  for professional photographers on Thursday in a bid to hold on  to its No. 1 position in the camera industry and spur demand  for its wide lineup of advanced lenses.
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Earnings at Adobe Systems Inc. increased 36 percent in the latest quarter as the company posted record revenue on strong sales of its graphics and imaging software.
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Adobe Systems Inc. reported record fourth-quarter revenue and an increase in profit of 16 percent, thanks in part to strong sales of the newest version of digital document software Acrobat.
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Japan's Sony Corp. on Thursday posted record high second quarter net profits, helped by brisk sales of digital cameras and laptop computers which offset heavy losses from the PlayStation 3.
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Japan's Sony Corp  posted a 5.8 percent rise in quarterly operating profit thanks to strong digital camera sales, and it cut its annual outlook.
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Lexmark International Inc  on  Tuesday posted a better-than-expected profit, helped by  strength in printers aimed at the business market.
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&quot;The EOS-1Ds Mark II digital SLR camera establishes a new benchmark of innovation and excellence not only for Canon but for our industry as a whole and particularly for the community of professional photographers who are our most demanding and discerning
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Adobe Systems Inc. reported a 24 percent surge in second-quarter profit Thursday, setting a record in revenue and exceeding Wall Street expectations as the software company embarked on its biggest-ever product launch.
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Sanyo Electric Co. Ltd.  posted a swing to an annual operating profit after cost cuts more than offset slow digital camera sales, but forecast an unexpected earnings decline this year due to higher raw material prices.
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ExxonMobil (XOM:NYSE - news - research) stepped up to the plate Thursday with record-breaking profits that raced past Wall Street estimates.
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Riding on record revenue across all its business segments, Hewlett- Packard Co. delivered surprisingly strong financial reports for its fiscal fourth quarter, with profit up 26.5 percent.
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Digital camera sales worldwide  will reach $24 billion in 2004 and rise 29 percent to reach $31  billion in 2009, a research group said on Thursday.