5 Companies That Had A Rough Week

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Market researcher IDC this week forecast that shipments of high-end cameras, what it calls "interchangeable lens cameras" or DSLRs, would drop 9.1 percent this year to 17.4 million units from 19.1 million units in 2013.

As reported in The Wall Street Journal, camera makers Canon and Nikon have lowered sales forecasts for this year, and Tamron, a major producer of lenses used in high-end cameras, sold 22 percent fewer lenses in the first nine months of 2013.

Cameras built into smartphones are already seen as hurting sales of simple point-and-shoot cameras. While Canon, Nikon and other manufacturers pointed to the weak global economy as a possible cause of slower high-end camera sales, the newspaper article suggested cameras built into mobile devices could be taking a toll at the high end of the market as well.

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