I have read several articles in financial news pieces that Nikon is dying. How can this possibly be true. Nikon has been around a long time and is recognized as a leader in photography. The quality is excellent and the camera and lens choices are amazing. The articles seem to be based on the mirrorless cameras not selling as predicted and the quality of lens in cell phones. [...]
Nikon has done a lot of poor decisions lately.
They have put their name on a lot of poor recent products. The Nikon One system, the new Z system are NOT amazing. The Z system lenses are expensive and poorly built; while their cameras aint too great either (not in regards to build quality), at least those can be fixed in the second generation. Their planned 1 inch sensor compacts never actually got offered, despite production being ready; that cant have been cheap for Nikon, neither can the now failed One system.
They have ignored price competition from third party lens manufacturers for a long time, until those companies dominated the market, taking away large parts of Nikons profits. Why cant Nikon offer a 35mm f1.4 at an affordable price point when so many people want such a piece of glas ? And I dont like how Nikon is now effectively offering Sigma glas, like the AF-S 105mm f1.4, a lens optimized for fast autofocus and sharpness, but not for good bokeh or strong color saturation, like a good portrait lens should do.
They have ignored many other things other companies did. For example, they left IBIS with DSLR completely to Pentax, including pixel shift technology. And when they tried it, like with the Df, their attempt was halfhearted and halfassed and they never tried to fix it later either.
Yes, they also did some great things. The D500, the D850, the AF-S 24mm f1.8, the AF-S 200-500mm f5.6 VR are all recent and amazing pieces of gear. The AF-S 70-200mm f2.8 e fl vr, too, though that got almost immediately voided by the Tamron 70-200mm f2.8 vc g2.
So yeah, its sad but not too surprising Nikon is in trouble.
It doesnt help that Nikon depends a lot on the photography market alone and that market is shrinking.