Category Archives: Press Release

Canon USA Received A Big Tax Break That It May Have To Return

By Louis Ferreira | Published: August 6, 2024

Canon USA recently laid off between 100 and 150 employees at its Melville headquarters less than a year after getting a big tax break to keep staff employed. Now they may have to return the $7 million tax break. Here is the timeline of events: December 14, 2023 – Canon could close Melville headquarters if more […]

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Canon Supply Shortages Continue to Grow

By Louis Ferreira | Published: August 2, 2024

Apologies and information regarding product supply status Thank you for your continued patronage of Canon products. Currently, we are experiencing delays in delivery for the following products due to orders exceeding our expectations and also due to the impact of global parts supply. We sincerely apologize to our customers and business partners for the inconvenience […]

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Canon Sales Are Down Year Over Year

By Louis Ferreira | Published: July 24, 2024

Canon sales have been down year over year, but the announcement of the Canon EOS R5 Mark II and to a lesser extent the Canon EOS R1 could turn sales around for Canon. Q1 2024: -31% Q2 2024: -14% Canon is projecting +1% so maybe sales will rebound in the second half of 2024. via […]

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Canon Announced Shortages For EOS R1, EOS R5 Mark II, Cooling fan CF-R20EP, RF200-800mm F6.3-9 IS USM, and Speedlight EL-1

By Louis Ferreira | Published: July 23, 2024

We just covered reports that Canon R1 preorders have been weak and still Canon can’t keep up with the demand it appears. Apologies and information regarding product supply status Release date: November 7, 2023 Last updated: July 23, 2024 Thank you for your continued patronage of Canon products. Currently, we are experiencing delays in delivery […]

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