Nikon has released its financial results for the quarter leading to 31 December 2010, announcing that "single-lens reflex DSC, interchangeable lenses, and compact DSC continued to enjoy favourable results, while Compact DSC continuously expanded the market."

Nikon's Imaging division saw its sales remaining strong, claims Nikon, but "due to concerns over weaker consumer spending and intensified competitions, the yearly forecast is not changed." Nikon expects to finish its financial year with net sales worth ¥575 Billions with 4,250,000 single-lens reflex DSC, 6,350,000 interchangeable lenses cameras, and 14,000,000 compact DSC sold.

But, in its future outlook, Nikon has confirmed that it is currently working on a new generation of cameras. "New generation digital cameras are under development," Nikon says.

While no further details have been disclosed, Nikon has made no secret of its intentions of entering the compact interchangeable lens camera market. Last year, Nikon's president said, in an interview with Bloomberg, that the firm planed to release a new concept camera that could include video capabilities and be mirrorless.

Visit www.nikon.co.uk.