Nikon's yearly Report Out

Nikon's Quarterly report came out today and it shows more contraction overall in the interchangable lens camera market. Overall sales are down year over year by 18% and DSLR sales are especially lagging at the entry level end due to the rise of cellphone image quality. Sales of full frames like the D850 are strong but sales of the Z6 and Z7 are not quite as strong despite marketing. This is most likely due to the fact that Nikon's mirrorless line does not have that many lenses and is still outclassed by Sony's line overall.