Gamble of the Week: how to profit from digital cameras

If you bought a new camera recently, it was probably digital. With the market set to double in the next four years, how can investors profit from the digital revolution?

Have you bought a new camera recently? If so, then my guess is it was digital. Not only are digital cameras more feature-rich than their film-based cousins, but many shops, such as Dixons, have stopped stocking traditional film-based products.

This trend has led to a seismic shift in photo processing: it's expected that in the UK this year there will be more digital photos developed than alternatives (ie, analogue). Digital printing is cheaper, more flexible and produces sharper quality pictures. Another important feature to note is that, although consumers are being more selective regarding which photos to develop, they are also taking lots more snaps, thus maintaining the overall size of the market in volume terms.

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Paul gained a degree in electrical engineering and went on to qualify as a chartered management accountant. He has extensive corporate finance and investment experience and is a member of the Securities Institute.

Over the past 16 years Paul has held top-level financial management and M&A roles for blue-chip companies such as O2, GKN and Unilever. He is now director of his own capital investment and consultancy firm, PMH Capital Limited.

Paul is an expert at analysing companies in new, fast-growing markets, and is an extremely shrewd stock-picker.