Olympus has announced reduction in its camera business’s loses but PEN sales have fallen behind expectations. The predominantly medical company said PEN sales had fallen 12% in the first quarter, but that it expected the year’s income from mirrorless models to be consistent with last year’s figure of ¥9bn ($ 90m). The company blamed the fall on its delay in releasing the E-P5 and said the camera business is on track to break even this financial year.
News: Digital Photography Review (dpreview.com)