Feeds

Digital camera sales slow

Jessops shares plummet after warning

  • alert
  • submit to reddit

Top three mobile application threats

Shares in high street camera shop Jessops plummeted by almost a third today after it warned that demand for digital cameras had tailed off.

Although Jessops insisted that it has maintained its market share overall it admitted that sales have been "considerably below management's expectations". The "difficult trading conditions", it said, have been made worse as rival retailers cut prices to compete for fewer shoppers.

Shares in Jessops fell 31 per cent (48.5p) to 106p by mid afternoon as investors responded to today's profit warning.

Earlier this month researchers IDC reported that while the digital camera market in Western Europe continued to grow in 2004 there were signs that the sector was maturing and beginning to slow.

In 2004, more than 25m digital cameras were shipped - a 58 per cent increase on the year before - although analysts anticipate "more moderate growth through 2005".

Said IDC researcher Paul Withington: "This first sign of market maturity was seen in 4Q04, when shipment growth slowed to 30 per cent over 4Q03, in a period that includes the Christmas rush and is the busiest quarter for the market." ®

Related stories

Olympus m:robe 500i media player
Samsung unveils 3GB HDD smart phone
Olympus Camedia C-370 Zoom
O2 and Kodak team for online piccies

3 Big data security analytics techniques

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.