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Olympus has stated it will not produce new "entry level" DSLRs beyond the E-620. They claim the micro 4/3 cameras completely replace it (huh?). See:
Olympus: “No More Entry-Level DSLRs” Photography Bay | Digital Camera Reviews, News and Resources
Reading between the lines, I believe the micro 4/3 products are more profitable, so they are dropping out of the consumer DSLR race to drive harder in the more profitable micro 4/3 market. Business wise this makes sense short term. Concentrate on the winner. But this will kill sales of the current E series. I for one was planning to get some new lenses soon - not any more. I think times are hard and they are forced to make some difficult choices -- to focus on what is highly profitable and abandon some other lines. But there will be unintended consequences.
I think this will be the death of the pro level line too, since there will be minimal demand for new lenses without the demand from the entry level DSLR family. That's my bet, not Olympus' plan, but they lose a lot of customers and credibility when they abandon this proprietary 4/3 format which they worked so hard to popularize.
Doing this is fatal to credibility with loyal customers, though. For me, this feels like a kick in the stomach, or lower. Thanks Olympus!
Olympus: “No More Entry-Level DSLRs” Photography Bay | Digital Camera Reviews, News and Resources
“We do not have concrete plans to replace the E-620 and other recent SLRs. The entry level SLR class can be completely replaced by the Pen system in terms of performance.” -Toshiyuki Terada, Product manager of SLR Olympus Planning Department
For me, this is not good news. Contrary to the statement above, the micro 4/3 cameras do not replace the E-series in performance, they are much slower. Anyone who has used both knows that. What are they thinking?
Reading between the lines, I believe the micro 4/3 products are more profitable, so they are dropping out of the consumer DSLR race to drive harder in the more profitable micro 4/3 market. Business wise this makes sense short term. Concentrate on the winner. But this will kill sales of the current E series. I for one was planning to get some new lenses soon - not any more. I think times are hard and they are forced to make some difficult choices -- to focus on what is highly profitable and abandon some other lines. But there will be unintended consequences.
I think this will be the death of the pro level line too, since there will be minimal demand for new lenses without the demand from the entry level DSLR family. That's my bet, not Olympus' plan, but they lose a lot of customers and credibility when they abandon this proprietary 4/3 format which they worked so hard to popularize.
Doing this is fatal to credibility with loyal customers, though. For me, this feels like a kick in the stomach, or lower. Thanks Olympus!