Pentax's 1Q results for the new fiscal year are in and it's bad news almost all the way around. profits are way down because of steeper than expected declines in prices. the digital camera product division sold about 490,000 units but lost money. there is evidence to suggest that Pentax sold only 3,000 *istD cameras in the quarter, extremely disappointing results for the only high margin item in the division. the only division with profit growth is the OEM camera lens division with sales to Casio and HP.
Herb...
