Canon had some good news and some bad (but not unexpected) news in its second quarter earnings released today. On the upside, the company has raised its profit outlook for the rest of the year, and says that the recovery from the earthquake that forced it to halt camera production has been "quicker than expected." That halt to production did take a considerable toll on the company, however, and contributed to a 20 percent drop in net profits to ¥53.86 billion, or $685.7 million, compared to a year ago -- a figure that was compounded by a strong yen that further cut into its earnings overseas. That revised profit ou
