Since then, everyone involved had worked very hard to develop products with which the company’s customers will be satisfied, Nikon said in a press release. Due to concerns regarding their profitability considering the increase in development costs, and the drop in the number of expected sales due to the slow-down of the market, the series has now been camceled.
Nikon added the company sincerely apologizes to all those affected by this decision, especially those customers who waited so long for the cameras to be released, retailers and others whose business will be affected, for the inconvenience this decision may cause.