25.10.2011 10:20 Uhr, Quelle: Engadget

Canon posts higher profits in Q3 earnings report, lowers outlook over Thai flood concerns

Things are looking pretty rosy for Canon these days, though there may be some difficulty on the horizon. Today, the camera maker published a rather strong Q3 earnings report, just a few months after posting relatively ho-hum Q2 results. According to the company, operating profit grew by 17.4 percent to ¥122.55 billion ($1.6 billion) this quarter, compared with ¥104.42 billion ($1.37 billion) a year ago. Net profit, meanwhile, increased by 14.2 percent over the year, reaching ¥77.9 billion ($1.02 billion) during the quarter, versus ¥68.20 billion during Q3 2

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