Luminous Landscape Forum
Equipment & Techniques => Medium Format / Film / Digital Backs – and Large Sensor Photography => Topic started by: SeanBK on November 07, 2008, 05:10:40 pm
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Canon is raising prices citing the higher consumer demands, go figure!! They didn't get the memo that economic downturn world wide.
I AM SORRY THAT THIS NOT MF NEWS, BUT I THOUGHT IT DOES HAVE RIPPLING EFFECT EVERYWHERE.
http://robgalbraith.com/bins/content_page....cid=7-9318-9730 (http://robgalbraith.com/bins/content_page.asp?cid=7-9318-9730)
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Canon is raising prices citing the higher consumer demands, go figure!! They didn't get the memo that economic downturn world wide.
I AM SORRY THAT THIS NOT MF NEWS, BUT I THOUGHT IT DOES HAVE RIPPLING EFFECT EVERYWHERE.
http://robgalbraith.com/bins/content_page....cid=7-9318-9730 (http://robgalbraith.com/bins/content_page.asp?cid=7-9318-9730)
maybe this is just for canada.. their dollar has fallen 20% against the USD since the announcement
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Canon is raising prices citing the higher consumer demands, go figure!! They didn't get the memo that economic downturn world wide.
Not sure what is surprising about that. They mention the change of exchange rate as the main cause. You cannot get both the export benefits of a weak currency and the buyer power when importing goods. It is one or the other...
Prices of Canon gear in Europe is bound to increase about 50% since the Yen/Euro exchange rate changes from 170 Yen per Euro to 125 Yen per Euro in a few months.
Cheers,
Bernard
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And in other breaking news... Coffee "C" Futures US now trading at 112.20 cents/pound. This may affect how many cups of coffee you and your assistants can afford to drink which in turn may have a real impact on your studio's productivity.
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And in other breaking news... Coffee "C" Futures US now trading at 112.20 cents/pound. This may affect how many cups of coffee you and your assistants can afford to drink which in turn may have a real impact on your studio's productivity.
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maybe this is just for canada.. their dollar has fallen 20% against the USD since the announcement
I never saw a price improvement when $CAD was equal to $US... but nobody will be surprised of that...
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And in other breaking news... Coffee "C" Futures US now trading at 112.20 cents/pound. This may affect how many cups of coffee you and your assistants can afford to drink which in turn may have a real impact on your studio's productivity.
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I never saw a price improvement when $CAD was equal to $US... but nobody will be surprised of that...
yes, it always seems a oneway street with prices.. like the 60 a barrel oil.. I am still paying 3.50 gal..
and although not there, I would bet gas in the uk is not much less than 1£ a litre.. the minute the crude
price goes up they waste no time putting up the price at the pump.. but when crude falls it never
seems to fall as much.. I notice that while the world is in a recession the oil companies are reporting
incredible profits.
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latest pricing information for the hy6 , camerabacks, and bundled systems (http://www.image2output.com/prodlist.aspx?cat=48)
I have updated the pricing on the sinar equipment and took the opportunity to update some of the downloadable info's.
please contact me directly with any feedback, all is appreciated
thank you
Edwin
Edwin Blenkinsopp
Technical Manager
image2output
unit 19/17 the io centre
hearle way
hatfield business park
hatfield
herts al10 9ew
UK
t: +44 (0) 1707 282710
f: +44 (0) 1707 269764
m: +44 (0) 7836 674749
e: edwin.blenkinsopp@image2output.com
w: www.image2output.com
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I never saw a price improvement when $CAD was equal to $US... but nobody will be surprised of that...
I did. Where were you looking?
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maybe this is just for canada.. their dollar has fallen 20% against the USD since the announcement
More than half of that loss has been regained. Still, it should translate to a 8-10% increase on imported goods.
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And in other breaking news... Coffee "C" Futures US now trading at 112.20 cents/pound. This may affect how many cups of coffee you and your assistants can afford to drink which in turn may have a real impact on your studio's productivity.
My assistants are now on water as part of cost cutting in anticipation of the next global financial crisis, it's made them a bit sluggish, but is saving heaps of money..
The Australian dollar has gone from near level with the US to between 60 and 70 cents..
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maybe this is just for canada.. their dollar has fallen 20% against the USD since the announcement
Once it gets back to $.63 on the dollar, I am going to buy Nova Scotia as an investment.
Ooops, cancel that - just looked at my stock account. Skip the coffee, close the studio. Michigan is headed to hell anyway.
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Once it gets back to $.63 on the dollar, I am going to buy Nova Scotia as an investment.
Ooops, cancel that - just looked at my stock account. Skip the coffee, close the studio. Michigan is headed to hell anyway.
buy gm now! then buy nova scotia in 10 years.
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My assistants are now on water as part of cost cutting in anticipation of the next global financial crisis, it's made them a bit sluggish, but is saving heaps of money..
The Australian dollar has gone from near level with the US to between 60 and 70 cents..
One thing i'm sure of: The models will continue to run on coke.
"We're going to start in a minute Darling, why don't you go powder your nose ?"
Edmund
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buy gm now! then buy nova scotia in 10 years.
Yeah, market cap for GM at Yahoo yesterday was $2.7 billion. That is less than Ford paid for Jaguar 15 years ago.
I think the salvage value should be higher than that. I can sell the GM logo to that Sinar photog - what's his name - Graham Mitchell? He should be good for a billion.
Anyone want to chip in and buy the thing?
(FWIW: GM says they will be out of cash by year end. Chrysler will probably be in bancruptcy by then. That will take all the suppliers down, then Ford, who can't keep going with no suppliers. Total potential lost jobs in US: 2.5 to 3.5 million. And we thought it was bad here in Michigan already. )
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I can sell the GM logo to that Sinar photog - what's his name - Graham Mitchell? He should be good for a billion.
I could probably scrape $56.74 together, but I hear they really need the cash, so...
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I could probably scrape $56.74 together, but I hear they really need the cash, so...
SOLD!
This is just a mock-up. We have the whole 100+ marketing department creative staff at your disposal, pending final approval. Through the end of the year at least, when they are terminated. Don't dawdle.
Now. Who needs a 1.2 million square foot "studio" - complete with 6 - 40 ton cranes, a steel pour facility, and your own security staff? Buy or rent, located in Flint, MI.
Just think of that 1800 foot long, 60 foot tall circ you could build. You could shoot RV's.
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You could shoot RV's.
do you mean you could shoot me?
in that case i`ll buy it.
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I was hoping to start a Dodge project today that would have lasted 15 days. It was cancelled/postponed due to lack of funds! Spending freeze, etc. The economy here in Detroit is the worst I've ever experienced and has been for 3 years. Now that the rest of the world is heading downhill and no one's buying cars we're really in trouble (I could use other terms to make a stronger statement!) So what am I doing: shooting samples, can't think of anything else to do. Jim
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FYI:
http://www.cargroup.org/documents/FINALDet...pact_3__000.pdf (http://www.cargroup.org/documents/FINALDetroitThreeContractionImpact_3__000.pdf)
In a report released Wednesday, the Center for Automotive Research in Ann Arbor, Mich., outlined what would happen in two separate scenarios if General Motors Corp., Ford Motor Co. and Chrysler LLC were forced to scale back or shut entirely.
If all three Detroit manufacturers were to cease operations, the U.S. economy would lose 2.95 million direct and indirect jobs in the first year. Governments would lose at least US$156.4-billion in taxes over the first three years.
If Detroit cut output and employment by 50% to meet ever-shrinking market share, which would mean contraction by two of the automakers, 2.46 million jobs would be lost initially. Governments would lose US$108-billion in revenue over three years, according to the analysis.
"The circumstances are such that either of these scenarios is possible, and indeed one or the other is probable, within the next 12 months," the non-profit think-tank said.
Plus:
DETROIT (AP) -- Bad news kept piling up for General Motors on Monday as its shares plunged to their lowest point in 60 years and some industry analysts predicted the automaker would collapse without a government bailout.
"Without government assistance, we believe that GM's collapse would be inevitable, and that it would precipitate systemic risk that would be difficult to overcome for automakers, suppliers, retailers and sectors of the U.S. economy," Deutsche Bank's Rod Lache wrote in a note to investors.
He essentially said GM's common stock is worthless by cutting his price target to $0.
Um, I guess Graham overpaid. Refund coming.
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I was hoping to start a Dodge project today that would have lasted 15 days. It was cancelled/postponed due to lack of funds! .... So what am I doing: shooting samples, can't think of anything else to do. Jim
Hang in there Jim! I expect the Michigan unemployment rate will double in the next year. Already the worst in the country. We have a bit of a rough ride ahead. Look to Chicago maybe?
I closed my small studio in Ann Arbor 2 years ago due to chronic pain. Lost my Ford work shortly after that. Now I am just hunkering down for the long haul.
When you get bored and sick of the grey and cold, come out to Ann Arbor. We can sit in the coffee shops or Borders all day, and drink coffee and wifi - just like the dot commers! Great web site also FWIW.
do you mean you could shoot me?
in that case i`ll buy it.
Sold!
They are onto us though! Better close the deal quickly. The aforementioned $0 is adequate compensation:
According to a news story in The Flint (MI) Journal, General Motors (GM) has informed the United Auto Workers (UAW) union that it is close to selling it's motorhome chassis business to an undisclosed buyer. The article said, UAW officials told the paper that they were informed by (GM) management that the sale is mostly complete. They did not name the prospective buyer.
By presstime, RV News was unable to confirm the story after checking with sources in Detroit. A survey of several RV manufacturers using the Chevy chassis also turned up little factual information. Lew Howard of National RV told RV News that he had heard the rumor, but had not been able to confirm it.
Best,
Michael
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Michael, Just when you thought it couldn't get any worse, it does! I'm hoping the bridge loan from the government buys enough time for the economy to improve and cars to become marketable again.... Jim
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Yeah, market cap for GM at Yahoo yesterday was $2.7 billion. That is less than Ford paid for Jaguar 15 years ago.
A year ago Tata Motors from India bought both Jaguar AND Land Rover for $2.3 billion!
Kumar
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Yeah, market cap for GM at Yahoo yesterday was $2.7 billion. That is less than Ford paid for Jaguar 15 years ago.
[!--quoteo(post=236134:date=Nov 11 2008, 01:16 PM:name=)--][div class=\'quotetop\']QUOTE ( @ Nov 11 2008, 01:16 PM) [a href=\"index.php?act=findpost&pid=236134\"][{POST_SNAPBACK}][/a][div class=\'quotemain\'][!--quotec--]A year ago Tata Motors from India bought both Jaguar AND Land Rover for $2.3 billion![/quote]
Looks like Ford worked their magic on the value of Jaguar too.
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JamesH, MichaelM, Carstenw..
That was my O.P that market is not looking good, no matter which way you cut it US & world economy IS changing for the worse. Here also in Ohio, which is as bad as MI.
On national front lotsa magazines are folding & more by the beginning of the year. Oprah's spinoff magazine Home is closing the shop & more to follow as per Hearst publication, as Advertising budgets are being slashed. Overall I made more money this year, but had to work more jobs.
On side note, JamesH love your studio & always love your vision of images of old classic cars. I also have shot Stout Scarab couple of years back & the image I didn't post on my website is almost exactly like yours (rear cropped view). You definately do inspire people.
Sean
www.vintagecarphotography.com/
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Hi SeanBK,
Sorry to hijack your thread. A little bit of "whistling past the cemetary" I think!
My stomach hurts today listening to the news on the auto industry, the change in the bailout plan, etc.
Did you see this NY Times graphic yesterday - states with the most "negative equity" (upside down, or "underwater") mortgages:
http://www.nytimes.com/interactive/2008/11..._MORTGAGES.html (http://www.nytimes.com/interactive/2008/11/10/business/20081111_MORTGAGES.html)
Too late to leave with all the sales competition from foreclosures. Jim, let me know when you find good bread lines - large boxes without long lines.
I was looking for a new studio in September. That is definitely on hold for now.
I'll leave you guys with one last quote from today's news. Then go listen to music and take some photos, before the sun goes out.
Best,
Michael
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on Nov. 7, Wagoner said that GM's research shows that 80% of those surveyed said they wouldn't buy a car from a bankrupt car company. "If your revenue line falls, you would not be talking about a reorganization, you would be talking about a liquidation."
Grant Thornton's Rodriguez says that Ford and Chrysler, in the event of a GM bankruptcy, would also be quickly driven to bankruptcy court because their costs would be so much higher than GM's, "they'd quickly find themselves uncompetitive." Too, there could be such a disruption to auto suppliers that the auto companies' production of vehicles would be interrupted as if their workers were on strike. Seventy percent of GM's suppliers also supply critical parts to Ford and Chrysler, and there is no new credit or loans for those companies outside of the government.
A GM bankruptcy could send the U.S. jobless rate as high as 9.5 percent, up from a 14-year high of 6.5 percent in October, and produce a recession comparable in length to that of 1980-82, according to Behravesh