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The Last, Best Hope For A Digital Camera Rebound Is Failing

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A model poses with Olympus Corp's mirrorless OM-D E-M1 digital camera during its unveiling in Tokyo September 10, 2013. TOKYO (Reuters) - Panasonic Corp and Japan's other mid-tier camera makers have a battle on their hands to win over a smartphone "selfie" generation to mirrorless cameras that held such promise when they were launched around five years ago. Panasonic, like peers Fujifilm Holdings and Olympus Corp, has been losing money on its cameras since mobile phones that take high-quality photos ate into the compact camera business. This year, compact camera sales are likely to fall more than 40 percent to fewer than 59 million, according to...

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