Sadly, another legendary camera mfr might bite the dust.
I'm old enough to remember when pros used Leicas all the time. They were small, built and did superb photos.
But if you wanted a telephoto shot, you had to do the most amazing silliness. And along came Nikon, grabbing up nearly all the pro shooters. And then Canon, with the first pro-quality digital equipment. (Don't be fooled. The early Nikon digital junk was just that, as was the first round of Canon digi.)
Meanwhile, Leica's first SLR was just about impossible to use, with a horrid focusing screen. Didn't matter if the lenses were great, when the screen was so impossible. They gradually fixed that, but by then they were so far behind the curve, the only market that mattered was rich folks who wanted something to brag about.
Even Leica's digital, which seems to work quite nicely, is years and features behind. It's too bad, because when they finally got something right, it was amazingly nice. Too bad they ignored practicality for so long.
I was just about to make an addendum which states that 'Leica does not only make cameras, but they are also involved with commercial and industrial applications' such as microscopes, tissue analyzers, lazers, and GPS equipment.
Then I read a press release which basically says the Leica brand is comprised of 3 independant companies, and it is ONLY the camera company that is having financial difficulties.