<p>We have an Olympus Stylus 1030 camera we like very much. It’s incredibly strong, takes good pictures, and is basically waterproof. I say basically because the seals are a little corroded now, and though it’s fine for kayaking where it may get wet, I’m not sure I’d use it for serious underwater pictures at this point. So, we’re thinking of buying the newest version (we could definitely use two, as H and I presently share this one.) </p>
<p>The big "however’ is that I know that Olympus has been in serious trouble as a business, so I was wondering if anyone has some information/insight on this–is it wise to buy from Olympus right now? Are they in danger of going out of business? (we’re under some time pressure as we have a relative going on a snorkeling trip next month whom we’d lend it to if we decide to buy.)</p>
<p>Hi, we use our Olympus Tough camera all the time. It is a great camera. Olympus was more in regulatory trouble, not really in financial trouble. I believe they have made amends.</p>
<p>I replaced my Olympus c2020 with a Nikon point and shoot and love it. It takes a great picture and has a 7x optical zoom. There are some Nikon P&S cameras, however, that get pretty poor reviews on amazon.com</p>
<p>Thanks all. there’s no waterproof like Olympus’s, which I need, so it’s mostly on whether they’re still valid or not. Thanks collegemom for that information.</p>
<p>Just had to add that I too was once an Olympus lover–all my cameras had been great. but my current one has turned me into a Sony cybershot lover instead. Don’t know what happened to the quality they once had.</p>