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Weekly Wash: the 5 biggest camera news stories of the week (28 July)

Weekly Wash: the 5 biggest camera news stories of the week (28 July)
(Image credit: Canon / Sony / Micro Four Thirds)

This week has been an absolutely wild ride – especially for the world's biggest camera manufacturer. 

Canon announced some fairly alarming financial results and came within a hair of losing its market lead to Sony. Then details began leaking of not one but three new Canon cameras… and the craziest story of all: could Canon be joining forces with Olympus and Panasonic? 

Elsewhere Sony launched a new compact camera on steroids, packing the same processing punch as the A9, while Honor unveiled its latest phone with "professional-level camera capability". 

So, without further ado, here are the five biggest camera news stories of the past seven days!

Canon financials: profit and income down 55%

(Image credit: Canon)

Following early reports in the Japanese press that its profits were down by 40%, Canon posted its Q2 2019 financial results and the picture was much bleaker: both profit and operating income were down by over 55%, with unit sales down 22% to 1.08 million.

On top of that, Japanese retail analysis group BCN Retail released its latest camera sales report and revealed that Canon is a mere 1% ahead of Sony in market share for mirrorless cameras in the country.

It's been a challenging period for the global leader in photography. The release of the Canon EOS R and Canon EOS RP haven't turned the tide, so all eyes are on the company to see its next move… 

Read more: Canon takes huge hit in Q2 2019 financial results: profit and income both down 55%

Read more: Sony just 1% behind Canon for Japanese mirrorless market share

Sony crams A9 power into the Sony RX100 VII 

(Image credit: Sony)

The brand new RX100 VII now boasts many of the technologies featured in Sony’s professional A9 mirrorless camera, one of the best mirrorless camerasyou can get. 

These two cameras are completely different, of course, and aimed at different markets, but with its 357-point focal-plane phase-detection AF/425-point contrast-detection AF system and viewfinder blackout-free burst shooting at up to 20 frames per second with autofocus and auto-exposure, the RX100 VII does boast the power of a professional sports camera.

That’s not the Sony’s only trick. It also has a ’Single Burst Shooting’ mode that captures 7 images with a single shutter press, at 30fps, 60fps or 90fps. It’s like taking a single shot but being able to choose the best from 7 different versions captured a split second apart…

Read more: The Sony RX100 VII crams the power of the Sony A9 into a pocket sized camera

Canon EOS 90D, EOS M5 II and EOS M6 II leaks

(Image credit: Canon)

Three separate Canon cameras due to launch in August had significant leaks this week, though the first and most interesting is an absolute head scratcher. 

The Canon EOS 90D has been rumored and expected for some time, but what nobody expected was the news that it is either a DSLR with an electronic viewfinder, or a full-blown mirrorless camera that still uses the EF mount. 

Then came leaked specs for the video-friendly Canon EOS M5 II and Canon EOS M6 II – two definitely full-blown mirrorless cameras, both of which will feature uncropped 4K video and high frame-rates for slow-motion video. 

Read more: Canon EOS 90D – a DSLR with an EVF, or a mirrorless EF mount camera?

Read more: Canon EOS M5 II and Canon EOS M6 II in August – UPDATE: specs leaked

Honor 9X claims "professional camera capability"

(Image credit: Honor)

Beleaguered mobile manufacturer Huawei is promising that its two latest camera phones, the Honor 9X and Honor 9X Pro, possess "professional-level camera capability".

The newest additions to the company's powerhouse X series, both phones possess a 48 megapixel f/1.8 rear camera as well as a 2 megapixel time of flight camera for background-blurring bokeh effects. 

They are the first Honor phones to possess a pop-up camera, with the front-facing selfie camera featuring a 16 megapixel sensor and an f/2.2 aperture. This facilitates an unblemished 6.59” LCD screen with 1,080 x 2,340 resolution.

In addition, the Honor 9X Pro also benefits from an 8 megapixel wide-angle camera that facilitates landscape shooting and easier group photos thanks to its broader perspective…

Read more: Honor 9X and Honor 9X Pro claim "professional-level camera capability"

Canon joining the Micro Four Thirds standard?

(Image credit: Canon / Micro Four Thirds)

In a week filled with crazy Canon rumors, this might be the craziest one yet: Canon has filed patents for three new lenses. Not so crazy, right? Well, get this: the lenses closely resemble the configuration required for Micro Four Thirds cameras.

Micro Four Thirds (MFT) is, of course, the smaller standard pioneered by Panasonic and Olympus. The format has been adopted by manufacturers such as Blackmagic and Sharp, but its open source nature means that anyone can produce lenses for it – and it seems that Canon may be doing just that.

The thing is, though, that Canon doesn't make lenses for cameras that it doesn't sell. You won't see Canon lenses for Hasselblad or Fujifilm mounts, for example. So, joining the crazy dots, is Canon planning to join the MFT standard?

Read more: Canon joining the Micro Four Thirds standard?

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James Artaius

The editor of Digital Camera World, James started working in the photographic industry in 2014 as an assistant to Damian McGillicuddy – successor to David Bailey as Principal Photographer for Olympus. In this time he shot for clients as diverse as Aston Martin Racing, Elinchrom and L'Oréal, in addition to shooting campaigns and product testing for Olympus. An Olympus and Canon user, James was previously technique editor on PhotoPlus: The Canon Magazine.