you must apparently live on a very different planet ... looks like some Canon asteroid to me.
In the world of 2015 I live in and travel around ... I see all those families using smartphones and tablets to snap away happily ... for some years by now. Dwarfy-sensor digicams? Rotting away in some drawers.
another 5 stinking, unnecessary dwarf-sensored, crappy consumer digicams back from the year 2000.
In 2015 companies should be prosecuted for manufacturing such useless crap ... for environmental reasons ... wasting valuable raw materials and producing special treatment waste impossible to recycle.
I disagree. These are fun and handy little cameras and lots of people enjoy using them. These are cameras that get used because they travel so easily — they work for family occasions, vacations, school events, etc. Compare that with much better cameras that hardly get used. I often read comments by people who buy prestige high end cameras and end up not using them. They switch brands and complain/brag on forums about how their big camera is now "collecting dust" — a real first world problem.
Obviously there are customers for them. On planet Earth. Not *all* families are using smartphones and tablets. Many do, but certainly not all. That still leaves a market for these products.
Is anyone buying point & shoots? On the B&H web site, the $349 SX50 has 267 reviews. The $6800 Canon 1DX has 200 reviews. Seems like there's a market for both.
Or look at Amazon.com's top 100 best sellers among all digital cameras:http://www.amazon.com/Best-Sellers-Electronics-Digital-Cameras/zgbs/electronics/281052
Lots and lots of point & shoots from Canon, Sony, Nikon, etc. Most of the top 100 are what some people here call "crap". And yet they are what many people are buying ... and buying ... and buying. Like it or not, Amazon's top 100 best sellers list shows that there is still a significant market for "digicams".